SPX/SPY/ES1! Fib Levels

٣٠ سبتمبر ٢٠٢٢

This technical short fib played out well during the first test of the 68.1% retracement. From there I drew an extension with the anchor continuing from the bottom of previous fib. Yesterday before close, we touched the 50% retracement mark at highs, and had a MASSIVE rejection. This is EXTREMELY bearish and I have now adjusted my short term target to 3551.