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S&P 500 in a bull trap

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S&P 500指數 (OANDA:SPX500USD)  
Kyle_  
OANDA:SPX500USD   S&P 500指數
Fibonacci Trend Lines bulltrap SPX (S&P 500 Index) S&P 500 (SPX500)
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fibonacci trendline bulltrap spx spx500
SPX500 hitting overhead resistance at the 0.382 Fib retracement or 0.5 depending on which peak your draw from. Fib retracement has been a point of reliable resistance for bull traps in both 2001 and 2008.
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