Next Alert Zone for SPX is 1825 - 1785

I'm expecting a retracement of 23%. Why? To move higher the Market needs a healthy +20% correction. Using fibonacci retracement gives us 1785 as the next level when the correction may reverse. 1825 is the October 2014 low.
SPX (S&P 500 Index)SPDR S&P 500 ETF (SPY)

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