Posts Tagged ‘fibonacci’

• S&P 500 Analysis & Levels for 2/19/10
  alphatrends, February 18th, 2010 at 6:55 pm

  On Thursday, the SPY continued higher up beyond the 110.50 level which had been prior resistance and closed right near the declining 50 day moving average (green average on right).  The recent rally also brought the SPY up to the 61.8% retracement of the 2010 high to the low of the year.  After the close, [...]

• S&P 500 Levels for Feb 18, 2010
  alphatrends, February 17th, 2010 at 9:48 pm

  After finding support at the rising 5 day moving average on Friday’s gap lower, the SPY has followed through nicely on the upside.  We now find the SPY at the most recent significant level of intermediate term resistance near 110.50.  These two timeframes (65 min on left and daily on right) show there to be [...]

• S&P 500 Analysis for 2-12-10
  alphatrends, February 11th, 2010 at 9:01 pm

  From the February high to the low of the month, the SPY has retraced almost exactly 61.8% of the range which makes the current level of the market of interest to a large group of participants who follow Fiobnacci levels.   The current levels are also a prior level of support and that reinforces the importance [...]

• S&P 500 Analysis for Thursday 2-4-10
  alphatrends, February 3rd, 2010 at 8:07 pm

  The SPY backed off the 38.2% retracement level of the range for the year and has carved out a higher low above the rising 5 day moving average, but the upside action remains difficult to trust.  Tomorrow is looking like a pivotal day, if the higher low (~109.40) and the rising 5DMA (~109.20) can hold [...]

• Very Long Term Fiboncacci Dow Jones
  alphatrends, March 4th, 2009 at 9:03 am

  I personally do not place any emphasis on 5448, it will be interesting to see if the market is attracted to that level before this bear market is over.
  This is not a forecast, just an interesting observation.
  Thanks to the reader (Dmitry) who sent me THIS ARTICLE which got me to look at the Dow this [...]

• If The World Could Vote
  alphatrends, November 4th, 2008 at 12:45 pm

  This is site has a live Global Vote for US President with some interesting data points.
  The market rally continues as fresh money chases prices higher, the Qs are coming up to a 38.2% retracement which has the POTENTIAL to become a place where new buyers slow down and profit taking occurs (the process of [...]