Prices are going up without OBV response.
I think SPY will go down for another leg.
I think 408 and 426 are regions likely to push down.
Retration lines are not fibonacci but 1/3, this script:
![[HM] Fibonacci Fractals Absolute Auto v20221114](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
#disclaimer: this is not a recommendation but a mere study.
I think SPY will go down for another leg.
I think 408 and 426 are regions likely to push down.
Retration lines are not fibonacci but 1/3, this script:
![[HM] Fibonacci Fractals Absolute Auto v20221114](https://s3.tradingview.com/m/MDXk5A5R_big.png)
#disclaimer: this is not a recommendation but a mere study.
