$SPY Approaching Symmetry.
Do you believe in symmetry? Do you use Fibonacci levels? If so, you may find this confluence of Fib levels and their relationship to symmetry interesting. The S&P 500 represented by 
SPY is approaching a full re-tracement of the 2020 Covid induced selloff. Moreover, the key 1.618 Fib level from that sell off was breached today, albeit hardly. The Fib trend extension level 2.272 from the fall sell off represents the full re-tracement of the Covid selloff. Coincidence?
SPY is approaching a full re-tracement of the 2020 Covid induced selloff. Moreover, the key 1.618 Fib level from that sell off was breached today, albeit hardly. The Fib trend extension level 2.272 from the fall sell off represents the full re-tracement of the Covid selloff. Coincidence? 
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.