Tuesday, August 4, 2009

Levels to watch

we are at or very close to some major pivots and Fibonacci numbers:

PIVOTS
Dow Yearly P = 9364
S&P futures Yearly P= 1005

FIBS(from Oct '07 to May '09)
Dow 38% fib=9420
S&P 38% fib=1014
Nazz 50% fib 1630... we are there now

S&P 200 month average=1014