[12:22PM] $SPX $COMPQ .618 retrace levels have yet to be breached

8087 for NASDAQ and 2960 for SPX at .618 retrace have yet to be breached and if there’s resistance at those levels it would setup a C wave down..but if they both clear both levels with no problem there could be an attempt at .786 retrace and a potential bottom..but it looks like a B wave up before C wave down in both indices..

Leave a Reply