Replies to post #12083 on T/A ETF AND INDEX

[capt_jmj]

Poker, only as a point of interest. However, since so many traders and trading programs do use them as S/R levels, to some extent they tend to become self-fulfilling.

[capt_jmj]

Re: S&R fib lines, interestingly, after yesterday's LOD, the first rally was turned back precisely at the 23.6% line, which was subsequently breached, and then the second rally was turned back precisely at the 38.2% line. So far today, having trouble breaking through the 0% line.