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GTStockmaster
Jul 25, 2018 7:53 PM

qqq hitting 1.618 extension level  

Invesco QQQ Trust, Series 1NASDAQ

Description

Just a note - i'm not big on fib levels, but when combined with a lot of other stuff out there, this makes me really wary right now.
Comments
KSR14
This is a great example of how technical analysis SHOULD NOT be used! you link fib levels from dotcom boom to market performance in 2018?
GTStockmaster
@KSR14, "Just a note - i'm not big on fib levels" , I think you missed that point. I mean, you're definitely right, but just wanted to share that as an anecdote to most of the other stuff I've seen. Certainly not something I'm using to influence my decisions at all.
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