Could possibly see entry into target entry zone tomorrow as it would only need a 1.27% jump which the S&P is more than capable of in a day
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Almost reached entry. I took a quick position in the morning, was in an out within 33 minutes for 20% gains. Rode the momentum up, will now wait for target zone to be hit.
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Can see it hitting tomorrow depending on job report. If not then early next week.
Order cancelled
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About to break out of entry zone. Did not take position, will most likely look further up if trend continues this way
this chart looks almost schizophrenic... i love it
tylerbair
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@fenditendi, thanks, new to using fib but hopefully I am doing it correctly. Looking for a short opportunity after this bullish hike ends and buying pressure fades off.
fenditendi
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@tylerbair, it's wonderful. in the world of fibs, more is always better - when two align, it strengthens their influence.
tylerbair
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@fenditendi, Thank you and yes that is true. Not sure if it will play out in the way I expect or even if my entry zone is correct but best way to learn is experience haha