Banner Campaign
Fibonacci Analysis of Recent S&P Activity
By Abdel Ibrahim   
February 02, 2011

The S&P market has been making a move to the upside, but will it continue? Using Fibonacci analysis, we can see that the S&P market should be looking for a move to the 1350 range as it broke above key Fibonacci resistance recently. Let's also take a look at the Euro, Gold & Oil markets as well.



For more from Abdel including access to Ratio Trading’s video library, visit RatioTrading.com.



This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.
 
This website is for educational purposes only. Offers and events from 3rd party vendors are provided for convenience only. Trader Kingdom is not responsible for the content of a 3rd party website or their services.

Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.