Even though last couple of sessions market has sold off aggressively, this is just a pull back.
I believe S&P will bounce soon and make new ATH.
There is strong support at .382 and .50 Fibonacci levels.
My pattern suggests that we should find out next week if market will resume its original up trend or continue to sell off.
I believe S&P will bounce soon and make new ATH.
There is strong support at .382 and .50 Fibonacci levels.
My pattern suggests that we should find out next week if market will resume its original up trend or continue to sell off.
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Anything published is strictly for educational purpose.
Disclaimer
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.