Day Trading – The Bullz And Bearz
Profitable Trading In Any Market – Stocks Options FOREX
Fibonacci Levels and Moving Averages
June 3rd, 2010
With yesterday’s early morning decline which was quickly erased, the S&P 500 went back to ‘extreme’ oversold levels, which we define as more than two standard deviations below the 50-day moving average. Using our chart, you can seen in red what we are talking about here.
A move higher is likely of course to continue today. However, a major fibonacci retracement level is near and should not be taken lightly.
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Today's Live Market Quotes & Charts
02-03 17:30
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Today's Live Market Quotes & Charts
| NASDAQ | 2905.66 | ||||
| S&P 500 | 1344.90 | ||||
| ^TNX | 1.95 | ||||
| ^XAU | 200.34 | ||||
| ^XOI | 1295.01 | ||||
| DOG | 36.72 | ||||
| SDS | 16.76 | ||||
| SKF | 46.76 | ||||
| OIH | 129.44 | ||||
| URE | 60.68 | ||||
| FXP | 22.06 | ||||
| EEM | 43.88 | ||||
| DUG | 23.17 | ||||
| DIG | 48.09 | ||||
| IWM | 82.95 |
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