01.20.2022
We identify a count on SPOOS that show us we are sitting at a pivotal juncture. Markets are trying to decide the pace of the FED’s actions. This is FRACTAL shows current levels offer support. If that breaks, we could see a 600 bps move lower (next FIBO support), if it holds and moves higher the chances are we make new highs. We will learn a lot in the next few days.
SP FUTURES DAILY CHART:
