Traders swear by Fibonacci retracement — a simple yet powerful tool that helps decode the market’s twists and turns. Rooted in a centuries-old mathematical sequence, these key levels reveal where ...
The S&P 500 has so far failed to close above a key Fibonacci retracement target, which suggests the downtrend is still alive. - Getty Images Is the S&P 500 index’s recent rally real, or is it just a ...
Profitability in trading is not just about picking winning entries. It is about disciplined risk management. Fibonacci retracement can provide a structured framework for managing risk. One common ...
Gold is wavering just above 4050 after reacting from the green support zone. Gold tagged our green zone and then the blue support line (based on the range after the breakdown below the rising wedge) ...
Imagine the market is like a massive rubber band. When stretched too far in one direction, it must inevitably snap back, or retrace, before moving forward again. The challenge for the individual ...
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin has had an impressive week, trading up over 3% from a low of $93,700 to a high of $97,865.
In our post 4 days ago our short term target after hitting 78.6% at 3427.00 and the 3446.20 major Gann square was 78.6% the other way at 3292.50 per the ONE44 78.6% rule, this was also a major Gann ...
The S&P 500 just needs a little push to pull off a major technical comeback. Using closing prices, the S&P 500 fell 1,161.38 points, from its Feb. 19 record close of $6,144.15 to its April 8, one-year ...
The S&P 500's intraday high of 5,553.66, when it was up 0.5%, was just below a key Fibonacci target of 5,563.46, which is the 50% retracement of the selloff to the April 8 close of 4,982.77 from the ...