Commentary Topic from greenfaucet
A few readers have been asking for updates on the current Fibonacci Retracement Levels on the major US Equity Indexes, and I thought it would be a valuable resource to organize the four main US Equity Indexes with their respective Fibonacci Retracement Levels to watch, as drawn from each index's top in late 2007 to their bottoms in early 2009.
This post can serve as your reference to these unchanging and important levels traders of all methods are monitoring - and you can too.
Dow Jones: