Each index seems to have different levels for extensions. The
161.8 Fib extension of the 2015-2016 decline for the SPX comes in
around 2305 and as you know the SPX is far above that so what would
prevent the Russell from blowing through the 1516 level just like
the SPX blew through 2305 never looking back?
Is this it or is the Russell just fibbing?
Posted by stevieb294 on 5th of Oct 2017 at 04:59 pm
Each index seems to have
Posted by victorh on 5th of Oct 2017 at 05:28 pm
Each index seems to have different levels for extensions. The 161.8 Fib extension of the 2015-2016 decline for the SPX comes in around 2305 and as you know the SPX is far above that so what would prevent the Russell from blowing through the 1516 level just like the SPX blew through 2305 never looking back?
They are like stop signs here in NYC.
Posted by stevieb294 on 5th of Oct 2017 at 06:56 pm
Merely suggestions.
Absolutely nothing.
Posted by stevieb294 on 5th of Oct 2017 at 06:00 pm