Bearish gartley setup on the sp500.
the Fibonacci ratios here tell us that a Bearish Gartley has been set up.
I am bull on the long term on stocks, most on tech stocks that went -70% in the past months like PayPal FaceBook, Zoom, Arkk, etc.
if you didn't jump in, I expect a .386-.61 retracement before continuing the bounce, past days were so strong on the SP500 with very low volume so the selling pressure looks gone at least in this short term.
I am bull on the long term on stocks, most on tech stocks that went -70% in the past months like PayPal FaceBook, Zoom, Arkk, etc.
if you didn't jump in, I expect a .386-.61 retracement before continuing the bounce, past days were so strong on the SP500 with very low volume so the selling pressure looks gone at least in this short term.
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