Thursday, March 12, 2009

SPY EWT 3 to 4 Fibs Re-work

Since 3 to 4 should not move above the lows of 1 to 2 I had to re-work the fib retracements from the lows of 1 as the top to the lows of 3 as the bottom.

Key SPY Fib levels:

100% - 80.11 
(Good luck! But it did happen in FEB & MAR of 2008.)

62% - 75.14

50% - 73.61 (Passed that this morning.)
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