Fib Arcs on S&P 500

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Well, it's coming up on 1 in the morning, and the /ES is down 14 and the /NQ is down 20. It brings back such fond memories of last winter!

I usually don't have much success with Fib Arcs, but this one looks really intriguing.

0816-spx

And, with that, I'm going to bed, and I'm looking forward to a good Monday.