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psl

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Alias Born 12/20/2007

psl

Re: Amer786 post# 28296

Sunday, 12/05/2010 10:48:20 AM

Sunday, December 05, 2010 10:48:20 AM

Post# of 66758
Fibonacci Retracement on Friday is virtually identical to the retracement last Tuesday. Retracement is in the mid 60%. Do a 60 min chart for the last 10 days and you will see Friday was an absolutely normal occurrence compared to historical retracements. Last Tuesdays Fib Retrace took place in the first hour of trading and Fridays took place in the last hour.