Gallery: Home Description: Those that follow Fibonacci retracement theory will tell you that the S&P has retraced roughly 60% of its initial drop. Specifically, the market closed below 2750ish which is the 62% Fib retracement resistance. As mentioned above, several green bars doesn't necessarily make a bull market. There is still plenty of room for volatility, bullish trades should be taking off risk.
File Size: 130.58 KB Dimensions: 2043x1126 Created: 16 Feb 2018 Updated: 16 Feb 2018