SPX 4291

The SPX 500 is bullish on all time frames has closed at 4124 on 090420 since the long signal was issued at 4012 on 010421 on the day charts. Reference to Fibonacci Levels, 4124 was exactly 1 level from its low at 3855 and the next level is 4291.

The Fibonacci extension levels are frequently used by technical analysts to forecast future levels especially when equities reach new All time highs.

PIVOT 3933

Long signal above 3933 for 4291 (FIBO 1.618) and 4560 (FIBO 2.618)

Short signals below 3933 for 3919 and 3700 (Weekly Pivot)

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