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Stock Market Hit 100% Measured Move – Now What?

Looking at the S&P 500 E-mini Futures chart, the Fibonacci extension has reached its 100% fully measured move. So, where are we going from here? Another leg up, or will a deeper correction take place?

A brief synopsis of topics and charts I cover include:

  • Will the Nasdaq reach its 100% measured move?
  • For major trends, which index do I pay the most attention to?
  • Why cash should be considered a good place to park money while the market picks a direction.
  • And much more…

This post appeared first on Technical Traders Ltd.