Mats000

Fibonacci retracement

Mats000 Updated   
SP:SPX   S&P 500 Index

Perfect example of Fiboacci retracements

Comment:
I am new here. I just wanted to add a the picture and not the live chart. Anyone knows how to do that?
Comment:
Retracement based on hourly chart. Make sure body but not wick is included.

Multiple retracements can be drawn. In this case very accurate, but not always that accurate.

The last few days retracement is 62,%.
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