FX:SPX500   S&P 500 Index
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.
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?
KLang PRO CajunXChange
That's interesting - but I much prefer to trade shorter terms charts - I seem to do much better at it :)
+1 Reply
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?

{\fonttbl\f0\fswiss\fcharset0 Helvetica;}

\f0\fs22 \cf2 \cb3 \expnd0\expndtw0\kerning0
\outl0\strokewidth0 \strokec2 https://www.tradingview.com/i/yaQofNp1/%7D
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.
what is the starting point?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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