Short play in progress.. breakeven stop placed too. Still in bear zone so I am playing the short side for now.... Fibo
Just looking at a couple of trend line measurements that match up well for my 16.7 target for a Sept low... going to happen? Fibo
SP500 dropping to my target.. LFG! Bearish zone threshold on the short play coming to fruition Fibo
I am not a fan of this inverse correlation.. but if you are here is a DXY chart Fibo
Just a fun chart to observe. The fib levels are fascinating on the proportion they create in markets :) Fibo
Just a timing chart to use as a guide, which still signals a possible September low possibility. Fibo
Another settle or two above the 141% and the probability gets better to see 111. We shall see. Fibo
Something to watch as a guide. Not trading off of this, but using it as a verifier. Good timing on the low so far. maybe a bounce from here and then a look at the next level lower. We shall see. Fibo
many are looking at the 200 MA and others. The one important to my studies is the 233-EMA here on the weekly. I would like to see three consecutive weekly settlements above the 233-EMA to establish the latest low as a floor. Just an observance as we tagged the 233-EMA and have held this week... staying cautious, but cautiously optimistic. Fibo
Just an observance... see how it play out The trend line break objectives look good, so I would say look for buying interest on a dip toward the latest trend lien break point. Fibo
The cycle timing shows september low possibility or we rally from here ... time will tell! Fibo
This could be a good spot to hold support, but of course a full retracement to the previous low is still a risk. A re-test close to the previous low would be fine, but trading under it would not... that would bring 12k targets in to the picture. Let's get some buying interest going.. time will tell. Fibo
17.7 was filled for me to go long here. See how it plays out.
downside move hit first level.. now on to the second level.
trend lines Fibs extensions support resistance measurements I chat the daily Thanks, Fibo
Bull zone still in play with the next couple of targets market for sell profit. Fibo
the next candle close is a buy signal with a target at the red 61.8% Should be fun :) Fibo
I am team GREEN (with stops of course...) Would love to see a bull zone on my threshold RSI :) Fibo