Friday, January 20th, 2017

SPX showing some reversals ?


Please click bottom right to view full screen

The Fibonacci analysis is sometime very helpful to determine the levels of retracement’s in the markets. SPX and the markets simply don’t go up straight. Take a look at this video in addition today’s video. This could be a move to the downside. At least caution is needed here when entering long positions now for the next few days. If SPX breaks above the 50 day line than this is not of any consequence. Than it will be a time to add more longs here.

Comments

One Response to “SPX showing some reversals ?”
  1. vinie116 says:

    Great video Dan… Can you please check your email. I don’t have any login details

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