Potential Fibonacci Descending Levels on S&P 500
It seems that today the S&P Has failed to rally at a new high - a potential trend change is in the cards. These are the potential channels the price could be moving in, I would NOT long until it breaks out of the very top channel (white line)
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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.