SPX/SPY/ES1! Fib Levels
This technical short fib played out well during the first test of the 68.1% retracement. From there I drew an extension with the anchor continuing from the bottom of previous fib. Yesterday before close, we touched the 50% retracement mark at highs, and had a MASSIVE rejection. This is EXTREMELY bearish and I have now adjusted my short term target to 3551.
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