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H & S pattern plays out
Currently @ trendline support
Currently remains below 50 ma. Heavy day for data incl NFP. One to watch
End of month - unless this falls today/tomorrow, we are heading for the 1.272 fib
200 ma/ 50 ma resistance level - one to watch
Currently @ trendline resistance - one to watch.
Textbook - 1.618 fib - 200 ma. Could we find some support here? Fed / FOMC day....
Currently sitting @ trendline support - 50 ma. (Triple top) If broken to the downside look at 1.618 fib target - one to watch.
Pullback @ 1.272 fib but remains below 50 and 8 ma. Heading for 1.618 fib support level?
Continues to rise - may be some resistance at this level but a further rise to the next resistance of 1.272 in due course.
1.272 fib - 200 ma support level. A further downside to 1.618 anticipated.
Approaching resistance. Anticipate a pullback before 1.272 fib. BOE Gov Carney speaks today. One to watch
Trendline support level. One to watch
H & S? One to watch - currently @ support level.
#Gann. Some support @ 1/272 fib but further resistance @ trendline, 50 ma. Currently sitting @ 200 ma. A break below 200 ma would suggest further downside.
Heading for the 1.618 fib? Currently @ 1.272 on the hourly chart.
Trendline resistance - now sitting @ 200 ma. Don't you just love the NY open?