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Heres a Chart of The Fib Retrace levels that Cheif is watching


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#1 Woody

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Posted 11 June 2007 - 01:49 PM

I was long Fri (am) and got stopped, went long Sept Dow this am at 13536 and DIA at 133.83 & 134.05

Interesting on chart below to see how well resistance points line up with Fib retrace levels

http://stockcharts.com/c-sc/sc?s=$SPX&p=30&b=5&g=0&i=t78085094777&a=109041749&r=2169.png

#2 redfoliage2

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Posted 11 June 2007 - 02:06 PM

I was long Fri (am) and got stopped, went long Sept Dow this am at 13536 and DIA at 133.83 & 134.05

Interesting on chart below to see how well resistance points line up with Fib retrace levels

http://stockcharts.com/c-sc/sc?s=$SPX&p=30&b=5&g=0&i=t78085094777&a=109041749&r=2169.png

Bulls are looking at daily charts and bears should use the weekly charts for indices. :lol:

#3 relax

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Posted 11 June 2007 - 02:37 PM

Nasdaq Composite has its 50 per cent level at 2.580

gotta luv da fib - one of the few guys you can really count (and da dev of course ;-)


I was long Fri (am) and got stopped, went long Sept Dow this am at 13536 and DIA at 133.83 & 134.05

Interesting on chart below to see how well resistance points line up with Fib retrace levels

http://stockcharts.com/c-sc/sc?s=$SPX&p=30&b=5&g=0&i=t78085094777&a=109041749&r=2169.png