The S&P rallied to the 1.27 extension today and proceeded to have some difficulty as it was rejected. Tomorrow will be interesting to see if the pullback continues or if it gets totally ignored.
The S&P rallied to the 1.27 extension today and proceeded to have some difficulty as it was rejected. Tomorrow will be interesting to see if the pullback continues or if it gets totally ignored.
Fibonacci analysis on the S&P 500.
Let’s look at a bunch of fibonacci trading setups in stocks including Sbux, BHI, FSLR, and others. Remember, trading with rules is more important than anything!
After Bernanke’s comments today, the market decided to take a dip. However we’re still hanging onto some key levels. Let’s take a look and see what may happen over the next couple days.
Today Apple came out with record earnings and popped up after hours. Where to next? is $320 a possible target? Lets take a look.
Apple Earnings & Free Webinar
The markets have spent the last three trading days deciding whether it wants to push up higher or pull back here. It still hasn’t made a choice. Tomorrow’s close will be important.
A look at the S&P 500 and Google from a Fibonacci RatioTrading perspective.
We took a Netflix trade a few days ago and with patience and discipline we were able to really see some nice profits today on its explosive move up. Fibonacci + rules + discipline always come through.
Google (GOOG) looks very interesting at these Fibonacci Levels. Keep a close eye here on the monthly chart.