- SPY Fibonacci levels for the rise from 129.51 to 137.18
- Today's fall has taken support exactly at 38.2% Fib level
- Now the next leg down will happen when 38.2% gets broken Momentum of this fall then may take price to the Golden ratio(61.8%) which is near 132.44 level.
- Staying above 38.2% and breaking 23.6% will favor bulls.
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