Market Breadth Data******************************

Monday, August 06, 2012

SPX Fibonacci

It's interesting to see the "Fibonacci Queen" joining the bandwagon (5 min mark).

And, speaking of fib numbers, below are some SP500 stocks trading at their 1y

.382 retracement: ISRG, RHI, BK, KSS, FTI, STT, ZMH, LIFE, CELG, LH, QCOM, CCL, PEG, RDC

.5 retracement: EL, BBBY, HCBK

.618 retracement: HSP, CSCO, CMI, OI, APC, CME, BDX, GS

Example: GS (courtesy of OT Fibonacci)
















Terms of Use

All rights reserved by the author. The material contained herein is original content and is the sole property of the author. Any commercial use or reproduction - either in part or whole - is strictly forbidden without the author's prior consent.

Disclaimer: The information provided here is for educational purposes only and does not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author. Before acting on any of the ideas expressed, the reader should seek professional advice to determine the suitability in view of his or her personal circumstances.