SPX Holds Symmetry Support
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Looking at the cash S&P 500 (SPX) note that the low yesterday was made on top of symmetry support. Typically, if we do hold symmetry, the target is the 1.272 extension, which would be 3365. However, I still want you to be prepared for possible failure somewhere underneath the last high (where we have timing on the weekly chart), with the 0.618 extension at 3298.
Similarly, on the Nasdaq 100 futures (NQ), we had two symmetrical projections to the .618 retracement level around 8910-34. If this is a more important low, the potential is for new highs at the 1.272 extension at 9385. But we're still going to prepare for a possible failure somewhere underneath this recent high, with the 0.618 extension at 9149.
With that in mind, let's look at the stocks, which include ROKU, AAPL, AMZN, BABA, FB, GOOGL, NFLX, NVDA, and TSLA, plus a number of bonus stocks.
See today's Fibonacci Set-Ups video by Carolyn featuring all the symbols and indices noted above.
