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US500 Long Idea over the next week or 3

Still very noobish, but I believe that the market should bounce off the zone marked at the bottom- forever forgetting which is supply and demand! I have placed my stop just below the zone and am going to take profit if it hits 75%. Please feel free to provide input/feedback as trying to learn properly :)
FibonaccinoobanalysisreversalSupply and DemandSupport and Resistanceus500

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