View: spxfe_12212013.png

spxfe_12212013.png

Going back to a long term SPX chart, I noticed that the 1.272 fib extension was hit on Friday. Not sure how meaningful it is but have read this level tends to be an area of consolidation before continuation/reversal.

Comments

ammoammo
works with this line http://imgur.com/wJgNi2E 
 
http://cdn.socialtrade.com/comsys/imgs/2013-12- 20-TOS_CHARTS-png-mp_SdWrja_m.png a nice drop would be to 1735 spx
Retrieved from http://commentsys.slopeofhope.com/lnk.php?u=http%3A%2F%2Fcdn.socialtrade.com%2Fcomsys%2Fimgs%2F2013-12-20-TOS_CHARTS-png-mp_SdWrja_m.png&size=s
12/21/13
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