Something’s Gotta’ Give

The next confluence of Fibonacci retracements is at 2,382 and is our price target for SPX, but last Friday was a 21-day cycle high so something’s gotta give here.

The next confluence of Fibonacci retracements is at 2,382 and is our price target for SPX, but last Friday was a 21-day cycle high so something’s gotta give here. A 6mo cycle high was due last week, too.

Lindsay’s 107 day interval points to a tradable high no later than today.

 

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