SPX - R/S lines

SP:SPX   S&P 500 Index
152 1
This chart is an example in which price dropped lower than the Fibonacci retracement numbers. Price did not gap down to each successive Fibonacci number. Instead it sampled almost all of the prices on the way down and through the Fibonacci numbers and turned at non-fibonacci numbers. Therefore, this chart is a great example to show that stocks do not move according to Fibonacci numbers.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out