We have seen the SP500 create higher points on the higher timeframes and it seems that buyers are in control. We have seen price make a timid retracement today and this might be the higher low needed to continue higher. In case it retraces lower I am expecting the Fib retracement to serve as supports if needed.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.