$SPX IS SITTING AT A PIVOTAL FIBONACCI SUPPORT LEVEL RIGHT NOW 🎯
Entry: 61.8% Fib level 🔥
Target: 7,280 🚀
Stop Loss: 7,220 ⚠️
The price action is currently testing the 61.8% retracement zone, which is the line in the sand for the bulls. If this level fails to hold, we are looking at a clear path down toward the lower support targets.
I am watching the order flow closely to see if the buyers step in or if the sellers gain full control. Do you see this holding or is a deeper retest inevitable?
Not financial advice. Always manage your risk.
#SPX #CryptoTrading #TechnicalAnalysis #MarketUpdate
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