The bells are ringing for S&P 500

The index may want to touch the Fibonacci 1 channel again if it can break the burgundy resistance with its horizontal resistance. In this case, too, the target will be 3400 levels.

However, this could also be the endpoints for the rise. Prices may come in contact with the Fibonacci channel 0.726, seeking to realize the rising profits after COVID-19.

It contains only personal views and opinions. Does not contain legal investment advice ...