Last week we saw 
SPY break of structure of a down trend on a higher timeframe. On that same timeframe we retraced to our key fib level without breaking the swing low. Here, I would like to see price break buyside liquidity + structure followed by a retracement down to our key fib levels before a leg higher is made.
SPY break of structure of a down trend on a higher timeframe. On that same timeframe we retraced to our key fib level without breaking the swing low. Here, I would like to see price break buyside liquidity + structure followed by a retracement down to our key fib levels before a leg higher is made.
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