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30 Min Fib Projections


Thought I'd start a thread for this subject since people have an interest in it.

Here is a 30 min continuous chart of the ES. I have used the initial move up from the low of the 5th to generate the projection.

I don't think its 100% certain prices will visit a 4.326 projection after blasting through the 2.618 projection but it is the next major projection in the series.

Dividing the two shows prices recognizing but not quite reaching the .382 subdivision of 2.618 and 4.326


Click image for original size
30fibprjec7272010