S&P500 Update: Fibonacci in reverse!?

Remember my posted from October in which I showed the picture-perfect Fibonacci-impulse-pattern the Russell2000 had followed through most of 2018? Well, let’s apply Fibonacci again but now to the S&P500 and in reverse -looking down instead of up- to help assess downside targets and upside-reversal targets for the current Bear Market we are experiencing. And…

RUSSELL2000 Update: Fibonacci at work.

Anybody who follows the market with some level of interest is, or should at least be, aware of the importance of the Fibonacci sequence, its related golden ratio, and spiral (see featured article image) I will not go into detail explaining who Fibonacci was, what he discovered and how important his findings are in understanding…