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Fun Intraday SPY Fibonacci Confluence Grid Feb 8

It’s hard to come up with a good title that gets you to read a post about “Fibonacci Confluence,” but it’s an important and useful tool you can learn - if you haven’t already - that can help you uncover possible targets for intraday traders to play for, and also areas of hidden resistance (or support) that sets up a reversal trade when combined with other indicators.

How the Three Key Market Internals Preceded Sharp Rally Feb 2

I wanted to share an educational chart on how the Three Key Market Internals formed a predictable pattern that helped forecast the odds of a sharp rally ahead, which we’re seeing materialize today. Let’s take a look not just at that, but the current chart of Market Internals and some key Fibonacci overhead resistance targets to watch

Long Term Monthly Fibonacci Levels to Watch in the NASDAQ

Per a reader’s comment, I wanted to show a quick reference grid of the NASDAQ Index stretching back to the 2000 peak above 5,000 and show three dominant Fibonacci Grids to watch as price moves into the future. Let’s see the 10-year grid, starting with the 2000 high and stretching to the 2002 low