SPY 8/17 FIBONACCI

We had a full 100% retracement from this weeks low to high and ended at the .786% FOMC meeting seems a little bullish to me they are pumping the market for the midterms so the pension plans don’t look so bad, my plan was down 24% now it’s only down 13% hooray lol. Back to the market I believe we will be range bound in the 415 to 435 until we get the Interest rates out. As always trade what’s in front of you please lock in profits along the way good luck