US500 is now currently at 0.618 Fibonacci retracement (strong support) we should likely see a short term bounce.
Those with shorts should look to take some profits. We only turn bullish if price is able to clear the supply zone (as I have previously posted)
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As posted previously, US500 couldn't clear the supply zone ($4500-4600)
This reaction is caused by the catalyst of the FED releasing the economic reports
Hope everyone stayed safe :) Especially for traders out there!!
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As previously posted, US500 bounced off my supply zone.
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Getting ready for Fed talk
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