Tag Archives: Fibonacci levels

Key S&P500 Fibonacci Retracement Levels

Posted on November 1, 2018 by macromon

Watch this space.   The battle taking place right now at 2,732.42. No sense to even think about getting long for a swing until it clears and closes through the .500 at  2772.   Mr. Market desperately needs to close above 2732.42 … Continue reading →

Posted in Equities, Uncategorized | Tagged , | Leave a comment

Alibaba Fibonacci Retracement Levels

Posted on November 19, 2014 by macromon

Alibaba has been selling off hard over the past week to the surprise of many, including, painfully, us.  It’s now down 9.3 percent from last week’s high at 120.  The stock bounced near its 20-day moving average today, closing off … Continue reading →

Posted in Equities | Tagged , | Leave a comment

Showtime for the S&P500

Posted on August 6, 2014 by macromon

It’s showtime for the S&P500, which managed to hold and bounce from its 100-day moving average today.   The bulls must continue their defense of the November 2012 trendline and the 50% retracement at the 1895-1900-ish level.   Would love to see … Continue reading →

Posted in Equities, Technical Analysis | Tagged , , | Leave a comment

Apple’s Key Fibonacci Levels

Posted on December 10, 2012 by macromon

Great chart from Motivewave.com via Susie Q over at Stock Twits. Apple just can’t hold a bid since its big bounce off  $505 on November 16th.  It either opens at its high and trades down all day,  or gaps down … Continue reading →

Posted in Apple | Tagged , | Leave a comment