Note that my TA is so-so but anyways... Just wanted to share this simple fib extension
Look for a breakout or support at a fib level could be one trading idea.
I am personally, neutral here. Not shorting, but bias towards a pullback, so I'll label it short. First target would be ~5020, below that I think it could break below... ~4960 or ~4783
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.