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MarcinO
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Posts: 5,506
BAMM?

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MarcinO
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RA
rat89
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right off the .768 at x marks the spot


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albert
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Originally posted by rat89

right off the .768 at x marks the spot



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rat,

Great charts. 0.768, or the 0.786 fibo retrace?

Happy and Prosperous New Year to you.

Al Kamego
MA
MarcinO
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I had to redo the B and C points but the D area remains the same with very nice groupping.

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MarcinO
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B is exactly at .5 retracement of XA.
JI
jimkane
Rep: 3,058
Posts: 33,089
In case anyone missed it, those are new all-time highs for the Russell and MidCaps, and the trannies are knocking at the door. In other words, the market says things are the best they have ever been right here and now. The Best. I agree wholeheartedly.
RA
rat89
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albert - 82.05 - 83.37 retrace at 82.35 = .768

Originally posted by albert

Originally posted by rat89

right off the .768 at x marks the spot






rat,

Great charts. 0.768, or the 0.786 fibo retrace?

Happy and Prosperous New Year to you.

Al Kamego
RA
rat89
Rep: 0
Posts: 7,015
here you go:



Originally posted by jimkane

In case anyone missed it, those are new all-time highs for the Russell and MidCaps, and the trannies are knocking at the door. In other words, the market says things are the best they have ever been right here and now. The Best. I agree wholeheartedly.

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AL
albert
Rep: 99
Posts: 3,094
Originally posted by rat89

albert - 82.05 - 83.37 retrace at 82.35 = .768

Originally posted by albert

Originally posted by rat89

right off the .768 at x marks the spot









rat,

Great charts. 0.768, or the 0.786 fibo retrace?

Happy and Prosperous New Year to you.

Al Kamego


rat, thanks. Is that a fibonacci ratio?
RA
rat89
Rep: 0
Posts: 7,015
yes....take out your calculator just for fun, enter .382 and hit the square root button once, twice, three times....those are all fib

jim can explain more than me about .786 vs .768

also.....think the inverse of 1.27..

Originally posted by albert

Originally posted by rat89

albert - 82.05 - 83.37 retrace at 82.35 = .768




rat, thanks. Is that a fibonacci ratio?
JI
jimkane
Rep: 3,058
Posts: 33,089
Right at the SL. Oh, how I wish that was it. I mean, totally it, full bear market from here... How I wish... And if wishes were horses, beggars would ride...