Technical Analysis of STOCKS & COMMODITIES
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Long-Term Fibonacci Support and Resistance by Kevin W. Murphy
ARTICLE SYNOPSIS...Here's a historical review of the major swings in the stock market and the Fibonacci relationships.
According to long-term FibonacciÝ
support and resistance
levels in the Dow Jones
Industrial Average (DJIA), we
are approaching a notable resistance
leve
Russell 2000 At 79% Fibonacci Support - Will It Hold?
ARTICLE SYNOPSIS...Tuesday's intraday reversal off of major Fibonacci support looks like a hopeful development, but just how far might the Russell 2000 index travel before stalling again?
ARTICLE SYNOPSIS...Some say Fibonacci is science and others say it's numerology, but one thing is for certain: traders do pay attention to key Fibonacci support/resistance levels.