SPX Buy Signal
Pattern: Rebound on the 2850 1D Support.
Signal: Bullish as the recovery has already reached the 0.5 Fibonacci level.
Target: 3190 (the 0.618 Fibonacci). Every prior rebound on recent sell-offs has extend to the 0.618 Fibonacci.
Signal: Bullish as the recovery has already reached the 0.5 Fibonacci level.
Target: 3190 (the 0.618 Fibonacci). Every prior rebound on recent sell-offs has extend to the 0.618 Fibonacci.
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