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The recovery up to 2063.75 – If, Then… Market Timing

The recovery up to 2063.75

By Rod David | July 8, 2015 - 9:22 am

The recovery up to 2063.75 is a Fibonacci 61.8% retracement of the 2076.25-2042.25 overnight drop. It is natural resistance, and having been touched pre-open, must be recovered almost immediately to even consider a buy signal. Its reaction down has already touched the 38.2% retracement at 2055.50, whose immediate break would be difficult to recover — possible, but difficult… Details were discussed in the pre-market Tour, recorded here:
https://roddavid10.mitel-nhwc.com/join/mjztkmp

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Posted in S&P