(CercleFinance.com) – The S&P500 recovered in 4 session from 4.325 to around 4.580, beyond 4.268, the low of 20/12/2021 and 18/01/2022.
It should be noted that if the ‘S&P’ repositions itself above the MM200 (4.550), it has just retraced very exactly 50% of its decline, reaching 4.570 at the start of the session (after -500 Pts of correction from the zenith of January 4).
The next target (61.8% retracement) would be around 4,630 Pts.
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