SPX is trading at 822.92 now. Prices have passed the fib retracement levels from February's swing of 61.8% (daily). On weekly fib retr, the levels will begin from january swing, and 61.8% will be at 837. This could be the next resistance point.
What will it take for me to turn bearish again?
1) Resistance at January 61.8% swing levels. 837ish
2) Down candlestick
3) Close below 772 (low point of 23/3/09)
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