Tuesday, September 22, 2009

Resistance Zone - Fibonnaci Confluence

Here are all the relevant extensions and retracements that I can think of. Notice the Fibonnaci confluence around 1097 and 1121. Those are my new targets if we get above 1071 - which has two resistance levels. I don't see this [1071] being the top though since I've stated we have room to run. Also I apologize, but there appears to be something wrong in stockcharts and Prophet. We didn't fill the gap in the SPY yet. Not sure what is up with that.


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