SPX Long: End of 5 Waves, strong horizontal resistance, Fibo sup
I am calling for the market rebound now and following are the reasons:
1. End of 5 waves
2. Strong horizontal support
3. Fibo extension level reached
4, Oversold on RSI.
1. End of 5 waves
2. Strong horizontal support
3. Fibo extension level reached
4, Oversold on RSI.