"SPX pressuring Fibonacci projection at 2225~" by trader Michael_Macdonald-XATSUK — published 2016-12-07

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S&P 500 Index (SP:SPX)

SP:SPX S&P 500 Index

spx fibonacci fibonacciprojection stocks usequities

The pop higher in the SPX has reached the 2225, (76.4%) projection of the Feb-Jun rally.

Next resistance is likely to be around 2250, but any break should fade beneath the 2300~, (100%) projection.

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