S&P500 Weekly - Still within Fib 61.8 and 78.6; Bullish; And why 432 is such a key level!
- There is still much to be bullish about for the remaining of 2023
- 2022 bear retrace has Fib 61.8 (432) and Fib 78.6 (453)
- Price action weekly still within the 2 above Fib ==> There is still a good chance it will fully retrace to the ATH for S&P500
- Note the MA50 blue coming up to 416 (another super key level) ==> MA50 on a weekly chart is very significant!
All still looks bullish.
@LMSunshine @CaptainTiger @TigerStars @Deposit @melson @macroB
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