THE FIBS
Futures are ripping higher as I type, YM +55, NQ +6 and SPX+5. The next numbers to look at- how about some Fibs from the October 2002 lows to the October 2007 highs:
SPX- High-1,576
Low- 769
38% Retracement- 1,270
50% Retracement- 1,175
DJIA- High- 14,198
Low- 7,197
38% Retracement- 11,540
50% Retracement- 10,700
NDX High- 2,239
Low- 795
38% Retracement-1,690
50% Retracement-1,515
NAZ High-2,862
Low-1,108
38% Retracement-2,195
50% Retracement-1,985
SPX- High-1,576
Low- 769
38% Retracement- 1,270
50% Retracement- 1,175
DJIA- High- 14,198
Low- 7,197
38% Retracement- 11,540
50% Retracement- 10,700
NDX High- 2,239
Low- 795
38% Retracement-1,690
50% Retracement-1,515
NAZ High-2,862
Low-1,108
38% Retracement-2,195
50% Retracement-1,985
2 Comments:
futes are ripping higher? what am i missing??
They are and will be ALL OVER THE CHARTS-
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