lahiru.fernando54

Fib targets on longterm

TVC:SPX   S&P 500 Index
Interesting to look at near ideal resistance and consolidation at 61% and 161% for overall SPX. DJI is similar as well. Does show some clear divergence on RSI which makes for rough chance of breaking through current resistance. Fib was taken from 2008 High to 2009 Low. Macro trend on Fib
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