Day Trading – The Bullz And Bearz
Profitable Trading In Any Market – Stocks Options FOREX
Fibonacci Retracement Levels Resistance
June 17th, 2010
I said it yesterday and I’ll say it again – the long term Fibonacci retracement levels are very important for the SPX, DOW, NASDAQ, and RUT. Yesterday I mentioned that they were going to act as strong resistance until we see a slight pull back to gain some strength – and that they did. As soon as we get above this level things will be much stronger, but until then…it’s anyones market.
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