Watching a key resistance and Fibb level here on $SPY $SPX
From what I can see right now, it looks like we might be headed for a confirmed reversal off the 200MA. If we can clear some resistance here and breakout into new ATH, then I think we can go even higher.
Trade closed: stop reached
Still a resistance point at the 38.2 Fibb. I was hoping the rally from the last two days would keep going. Back to watching the 200MA.
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