Been watching the S&P harder since January's Volmageddon (High volatility day, or the day that the gig was... no kidding, up).
.618 Fib is critical. Note the previous resistance, now support.
Note the 385 Day moving average (blue MA line). I like the 385 MA - as it better accounts for holiday swings. i.e a full year, plus at least one full holiday period (less fudging and more true). Is the 385 topping?????
.618 Fib is critical. Note the previous resistance, now support.
Note the 385 Day moving average (blue MA line). I like the 385 MA - as it better accounts for holiday swings. i.e a full year, plus at least one full holiday period (less fudging and more true). Is the 385 topping?????