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FibnFork
Jan 8, 2019 2:14 PM

SPX short median line Short

S&P 500 index of US listed sharesFXCM

Description

Confluence of resistance here:
  • Median line in pitchfork
  • 50% retrace of december decline
  • 38.2% retrace of longer term october-december decline
  • Previous pivots in price(19th dec, 10th dec


Stop just 2600 which was another strong pivot area, target ~2487 which would be 38.2% retrace and pivot back in 2017
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