Hey traders! Just wanted to give a quick heads up on the overall market! I did a long-term monthly chart analysis of the S&P today, and I've realized that we are currently testing the %261 FIB, and we are in a 28 year long rising channel. I am positive that this level we are at right now is extremely important and will definitely decide the next trend direction for many years to come! Good luck to all, and if you like getting post like this, make sure to LIKE & FOLLOW for more!
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