S&P 500 Fibonacci Cluster & Symmetry Support
While market action was fierce, the S&P 500 must first prove whether it really means it. At the moment, we are still in a perfectly fine correction that has not exceeded similar down moves we've observed in the recent past. The Fibonacci Cluster in the chart needs to hold should this be another "normal" swing. Note however that the Squeeze has fired south and hints that more days with selling pressure might be ahead of us.
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