LuisVelazco

The DJIA and the FIBS

Short
DJ:DJI   Dow Jones Industrial Average Index
0
I love how price just finds Fibonacci Retracement points over and over again. This chart and the FIBS were drawn a couple of weeks ago using two different lows. the DOW retraced and found support at .5 and 1 respectively. Always fascinates me. If it can't hold this point then FIB 1.272 appears to be in order. As Always feedback is alway swelcome.
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