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[voltaire]

SPX using a synthetic CFD provider (24 hour trading) has an evolving (touch points on key lines) Fib grid that suggest that the move recently has a possible termination point 1 pt higher than seen today (Monday in Aus).

They usually are important BUT can pullback and then try for another "arrangement".

I just circled a few key touches but could have been more pedantic.

Yes, it is an art rather than a science, but it sems to work much greater than chance would suggest.