Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 662.72

+0.4%

Nov 19 4:00 PM EST

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GROUND ZERO™

Hawkmoon

To: GROUND ZERO™ who wrote (90895)	3/22/2017 7:34:49 AM
From: John Pitera	2 Recommendations Read Replies (1) of 219002

Why the SPX 2341.49 is such an important level today... as you can see the futures are hanging on to that 100% fractal box move at 2341.49 we will either hold on to this level and rally, it we give it up we would logically decline to the cluster of the 1.618% box and .618 box which are clustered at 2287.06 and 2289.13 more detailed comments on this chart as part of the tutorial I am undertaking to help a couple of friends understand how to use Fibonacci clusters for support and resistance... as well as forward higher price projections and time turning points. It's really neat when you get a cluster of time turning points. (part of the trick is not to overload the charts to make it to busy and confusing.) Message 31039713 John

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