Natural gas looks to have found support around the 78.6% Fibonacci retracement with a low of 2.03. It is on track to close higher than the open, with a green candle for the first day in five days. If ...
Natural gas continues to retrace its previous gains, falling to a 2.59 low on Thursday, and thereby dropping below last week’s low of 2.62. Also, it is on track to close below last week’s low as of ...
SPY completed extended ABCD target at the 127.2% and is currently attempting to go into retracement mode. The ideal minimum retracement target is 171.81; there’s a ...
Nonetheless, a solid ABCD Fibonacci Extension Pattern has emerged which could possibly push the currency pair to the upside. In order to trade based on the pattern; we will need to know the basics. AB ...
Another new trend low in gold today as it targets the 78.6% Fibonacci retracement or the 200-Day EMA. Today’s drop took gold below the final trendline today and it is on track to close weak, near the ...
The ETF for the Consumer Discretionary Select Sector has been in an uptrend since 2009, and currently price is stalling at a harmonic pattern level. The longer term timeframe chart, I’m using the ...
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