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Trader-Dan

SP500 - End of correction?

S&P 500 Index (OANDA:SPX500USD)  
Trader-Dan  
OANDA:SPX500USD   S&P 500 Index
Support and Resistance Pivot Points Fibonacci
2
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supportandresistance pivotpoints fibonacci
The S&P500 has regained the 200 day moving average after yesterday's massive rally...

Expecting some follow through as shorts get squeezed (retracement levels 0.50-0.618) . Although this is constructive, it doesn't mean we have seen "the bottom" to this pull back.


-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.


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