FX:SPX500   S&P 500 index of US listed shares
343 6 5
Updating the Yellow Shark here - changed the starting point.
Draw a fib from 07 high/08low on weekly and you'll see the confluence coming in at 2127ish, right where your extreme d comes in.
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GMOTruths CajunXChange
I don't understand. I know what a weekly chart is. What is draw a fib from 07 high/08 low? What is extreme d?
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KLang PRO CajunXChange
That's interesting - but I much prefer to trade shorter terms charts - I seem to do much better at it :)
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But KLang, I still do not understand about drawing a fib from 07 high/08 low.

I have another niggling question: Why is it that the last two days, SPY and SPX look so different?
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Just a thought. Large to small is how I roll;)
1.618 is actually 2120 w/ bc projection already completed. Unorthodox, but my b point in the deep crab is when QE 1 ends.(.786) Of course, x=07 high, a=08 low.
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what is the starting point?
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