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2029.60 or so was the 38.2% fib retracement, which is where we stopped at 1 pm. I am watching carefully as we could go either way from here. Probably the FOMC minutes will be the catalyst.
It's been a very choppy advance off the bottom so far.
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SPX stopped @ 38.2 fib
Posted by frtaylor on 7th of Jan 2015 at 02:02 pm
2029.60 or so was the 38.2% fib retracement, which is where we stopped at 1 pm. I am watching carefully as we could go either way from here. Probably the FOMC minutes will be the catalyst.
It's been a very choppy
Posted by frtaylor on 7th of Jan 2015 at 02:06 pm
It's been a very choppy advance off the bottom so far.