SP500 Futs hit Short term .618

25 ביוני 2020

SP500 fell thru our important 3043 level on the EU open today. This opened the gates to further probes down and the Fib. level of .618 was hit at 3007, putting in a low down at 3005. The markets seemed to have hit the sweet spot as consistent bids have brought it right back up and now 3043 will act as our pivot. Above gets a little bully, below, opens up downside again. Read more and subscribe to all our insight at econemotions.substack.com