Fibonacci Retracement Theory News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Fibonacci retracement theory. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Fibonacci Retracement Theory Today - Breaking & Trending Today

US STOCK MARKET ROLLS LOWER AFTER 18% RALLY SINCE NOVEMBER 2020 – Investment Watch


Price action is usually conducted in a series of up and down price phases – or waves/cycles.  Typically, price will move higher or lower in phases- attempting to trend upward or downward over time. This type of price action is normal.  Extended upward trends with very little downward price retracements happen sometimes – but not often.  They usually happen in “excess phase” rallies or after some type of news event changes expectations for a symbol/sector.
PUTTING CONCERNS INTO PERSPECTIVE – STILL BULLISH
Since early November 2020, the US stock market has continued to rally in a mode that is similar to an excess phase rally – showing very little signs of moderate price rotation. While price volatility has continued to stay higher than normal, you can see from the SPY Daily chart below that it has rallied from $324.40 to $385.95 (over 18%) in just under 90 days.  At some point in the future, a moderate price rotation/retracement will happen that may be in exc ....

Chris Vermeulen , Transportation Index , Fibonacci Retracement Theory , Fibonacci Retracement , Best Assets Now , கிறிஸ் வெர்மேஉளென் , போக்குவரத்து குறியீட்டு , சிறந்தது சொத்துக்கள் இப்போது ,