Tag Archives: Fibonacci levels

Key S&P500 Fibonacci Retracement Levels

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

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Alibaba Fibonacci Retracement Levels

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

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Showtime for the S&P500

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

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Apple’s Key Fibonacci Levels

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

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