FINTEL_Brief

SPX bearish week

Short
SP:SPX   S&P 500 Index
The S&P has completed its measured move to the 4150 levels, and this week, we will see if there is any momentum to break higher.
The critical level to watch for the fib zone is 4000; if it can stay above, then there will be another test of the highs.
With massive economic announcements this week, the news will significantly influence the bullish sentiment.
overall looking to see the S&P test the fib zone and likely dip lower this week


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