For the past year, The markets have been on the slide, as you've noticed. From the fib extension POV, here is how the last year has broken down, why it rallied to where to did, then reversed to only go down further.
This chart suggests that the full fib extension has played out and should put in a decent bear market rally. Given the time of year it is, one might...
I wish gold and silver looked as good. Given where it's started, 50 will be a fantastic place for investors, esp for newbs who are looking for a place to start slow, and build. The only thing is, the liquidity of this Aberdeen fund is thin and often volatile. Much success.
SPY price pattern of the last year seems to resemble the rollovers (or attempted rollovers) of the past 15 years. They all have at least 3 key characteristics in common... they all top at $34/$35 above an established neckline and they all move in tandem with basic fib lines. Other noted items include a price relationship to $60 (x1, x2, x3) and a similar length of...
