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smaller fibs within a larger zone

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I have been posting about this for 3 weeks now. Keep a very close watch. 245-265 pt drop minimum is possible. Not saying its going to happen... but basic TA and reviewing past occurrences say it can. 50EMA/ 200EMA coming together. Cloud resistance and 60EMA resistance. Yet to break 2742 and remain bullish.

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Along current projection - if MA's stay on current path - assuming no gravity downward - Dec 18 - SPX 50MA should dead cross 200EMA

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in progress :)

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Same exact thing took place in Sept.

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Further evidence of 50% retrace

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Pretty sure this is about to happen

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Its almost time for a pull back.