themarketzone

Rising to test resistance

FX:SPX500   S&P 500 Index
Update - SPX bouncing from support and moving towards the nearest daily resistance.
Will test minor structure, trend line resistance and the 61.8 Fibonacci level near 2470
Comment:
SPX reached 2470 as expected and respects it as resistance for the second day
Trade closed: target reached:
Rejection by resistance and now it has reached support

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