SPX500

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Since the chart is kinda confusing I'll explain, the big fibonacci retracement is the one I drew starting from the low in March 2020 going up all the way to the latest high of this year.
The second one basically a fib retracement on the 30M chart
If it were to bounce back down from around 4045 it would retest the latest low, and if it were to break it would go even lower, what do you think?
노트
Might be kinda late sinc eit might've already bounced from what I see, anyways , still lmk
Trend Analysis

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