Fibonacci Retracements Corn Update This is a update to the post below on 10/26/20 ZCZ20 The Corn has had a very impressive rally after they took out the long term swing point of 360.00 and held it on a retest of it on 9/28/20. It already has hit the
Fibonacci Retracements ONE44 Fibonacci Chart of the Week We believe that the Fibonacci retracements are the underlying structure of all markets and in these weekly examples we give educational and actionable information. All of the rules/guidelines along with other examples can be found here, https://www.one44analytics.com/fibonacci-retracements-rules/ Gold/GCZ20 To start we will go back
Fibonacci Retracements Crude Oil CLZ20 Crude Oil hit 38.2% back to the 4/22/20 low for the third time now at 37.00. This is the long term swing point, they can trade below, but must close back above. On any rally from here look for the top end of the trading
Fibonacci Retracements Fibonacci Chart of the Week We believe that the Fibonacci retracements are the underlying structure of all markets and in these weekly examples we give educational and actionable information. All of the rules/guidelines along with other examples can be found here, https://www.one44analytics.com/fibonacci-retracements-rules/ JPM This week's example is JPM
Fibonacci Retracements Corn ZCZ20 The Corn has had a very impressive rally after they took out the long term swing point of 360.00 and held it on a retest of it on 9/28/20. It already has hit the first of our two targets, the first was the major Gann square
Fibonacci Retracements S&P 500 ESZ20 In the S&P use the 3474.00 major Gann square as the swing point for now, above it they go for new all-time highs and the 3690.00 major Gann square. Below 3474.00 is negative, but it will have to take out 38.2% of the
Fibonacci Retracements CORN ZCZ20 Corn remains well above the 200 day moving average at 347.50 and our long term swing point of 360.00, this is where the current rally is coming from. This was a major Gann square and 38.2% back to this years low. We have a couple targets
Fibonacci Retracements GOLD Update GCZ20 Gold held the critical area of 1850.00 to 1836.00 and the rally from there, so far has fallen just short of 38.2% of the break at 1942.00. Like the Oil I think this can be the two levels this market could trade between for the
Fibonacci Retracements CLX20 On a rally from the 36.50 long term swing point look for the 200 day average at 41.28. It still looks like the 200 day (41.28) and the long term swing point (36.50) could be the trading range for a while. This part remains the same
Fibonacci Retracements ESZ20 Update The S&P is back above the 3266.00 major Gann square/swing point and closed right at 23.6% of the break from the all-time high (3286.00). Provided they can stay above 3266.00, they would still have to close above 38.2% back to the all-time
Fibonacci Retracements ESU20 The S&P has now closed above the 3466.00 to 3488.00 Gann square cluster and as long as it can close above it again the next short term target is the next major Gann square 3582.00. The long term target will be the next cluster of
Gold GOLD/ U.S. Dollar GCZ20 The Gold traded well below the 1940.00 swing point, but never closed below it. This rally should take them to new highs to remain very positive, if no new high happens, or a slightly higher high (2100.00 major Gann square) and then right back below previous high
Fibonacci Retracements Bitcoin 10,050 target has been hit BITCOIN After holding the swing point of 8850, this was 23.6% back to the 3/13/20 low, they have now retested 61.8% back to the 6/26/19 high, this is 10,050. As we have mentioned before, the long term
E6U20 E6U20 Update Upside target is 1.1815 E6U20 The Euro currency long term swing point is 1.1375 this is 38.2% up to the 2018 high, it is also a major Gann square. It has now traded above this level for 5 days and as long as it remains above there
Bitcoin Bitcoin Caught between two major Fibs The long term target on the break from 61.8% at 10,050 remains at 6380, this is based on the 61.8% rule. The break from this area has also held 23.6% of the rally at 8850. So, they are now caught between
Soybeans, Soybeans Update Soybeans The Soybeans based on the nearby chart continue to rally from the 78.6% retracement on 4/22/20 at 815.00 and have now had a couple closes above the 200 day moving average. The first target based on the 78.6% rule is 920.00, this is
Fibonacci Retracements Featured New ONE44 Analytics Video This is an intro to using Fibonacci retracements
Fibonacci Retracements ESM20 update The S&P retested the long term swing point at 2930.00 and broke again. In general when a market fails to make a new high/low after the first corrective move, the following move should be much bigger than the first. In this case we know that the
Fibonacci Retracements ESM20 update For those of you who have read the Fibonacci rules and guidelines on our website, you would know that once they have reacted from 38.2% the next target on a close through this was going to be 61.8%, this is your 2930.00.
Fibonacci Retracements The Fibs don't lie For anyone who may doubt the validity of the Fibonacci retracements and the proper way to use them, you only have to look at Friday's action, one of the most chaotic day's ever to see their value.
Fibonacci Retracements ONE44 Soybeans and Fibonacci The Soybeans are currently above the 200 day average at 890.50 and above our long term swing point of 885.00 based on the nearby contract. When we look further back to see what Fibonacci retracements are at work, (chart attached) we can see that the 945.00 level
