S&P 500 touched the 38.2% retracement and then surged

Discussion in 'Technical Analysis' started by ForexLive, Feb 24, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Technical analysis The S&P 500 is comfortably into positive territory, up 8 points to 1929 after falling as low as 1891 shortly after the open. Technically, the reversal points to further gains. It took hold almost right at the 38.2% retracement of the rally since Feb 11.

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