Will SPX Bounce ?

١٠ سبتمبر ٢٠٢١

it's time again for a retracement. Based on the past information of the Fibonacci levels that have been a good support we might expect another bounce back. it's also really interesting the symmetric pattern of those retracements, we even have the 50EMA that supported the prices very well in the past, and finally, we have the trend line.
I think we have all we need to expect a new maximum for SPX.
Is this pattern too good to be true? we will see