July 15, 2011

SPY Fibonacci levels and cloud support

  • Price is trading close to important support levels.
  • In four hour time frame price is near cloud support.
  • Fib levels too shows price hitting 50% Fib level.
  • Now if the bears are strong these levels too will get broken.

1 comment:

  1. Triple Fibonacci Fan on S&P 500

    http://oahutrading.blogspot.com/

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