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Strategies & Market Trends : Humble1 and Swing Trading Friends
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From: humble19/9/2024 6:27:30 AM
1 Recommendation

Recommended By
rdkflorida2

   of 41057
 
Perfect Fibonacci Pennant:

Message 34794407

7/16+20=8/5+32=9/6
32/20=1.618

Pennants fly at half mast according to classic technical analysis. In Price, the target is ~SPX 6300. In Time, this pattern targets 12/2 and the 5/26 New Moon as tradable highs.

12/2 is a Lindsay 3P+DH hit.

Nice reset on both of the RSI’s too. Into the 50’s.
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