Trade the Cycles

Monday, December 07, 2009

SPX Did a Fibonacci 0.618 Retrace of Friday's -22.61 Point Intraday Decline

SPX (S & P 500, http://bit.ly/i0nsT) did a Fibonacci 0.618 retrace of Friday's -22.61 point intraday decline (13.97 point Fibonacci target vs 14.20 point rebound), from late Friday 12-4-09 (1096.52) to very early today 12-7-09 (1110.72), see 5 day chart http://bit.ly/3qGxf3.

.......http://www.JoeFRocks.com/

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