S&P 500 reached 50% of Fibonacci extension right now. Expectation was price will reach into 61.8 % to 1429. Current action seems like, could reverse from 50 %
"Trade what you see, not what you hope" emphasizes the importance of basing trading decisions on objective market analysis rather than wishful thinking. It advocates for a disciplined approach, relying on observable data and trends rather than emotional desires for market performance. This principle underlines the necessity of a strategy grounded in real-time insights and technical analysis to navigate financial markets effectively.