http://blog.afraidtotrade.com/sp500-fibonacci-price-clusters-and-confluence-chart/ Helping traders overcome fears and emotions in trading Thu, 09 Sep 2010 15:56:07 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://blog.afraidtotrade.com/sp500-fibonacci-price-clusters-and-confluence-chart/comment-page-1/#comment-148962 Nepharis Tue, 09 Dec 2008 03:55:37 +0000 http://blog.afraidtotrade.com/?p=3348#comment-148962 Nice. I think we'll see some resistance for a few days, as it's hitting the 50 day MA (http://stockcharts.com/c-sc/sc?s=$SPX&p=DAILY&b=5&g=0&i=0&r=7308), but I do like ~1070 for a target, I'm thinking around the new year. 1160 seems like a lot of bounce, but I wouldn't count it out for a second push into February/inauguration. Nice. I think we’ll see some resistance for a few days, as it’s hitting the 50 day MA (http://stockcharts.com/c-sc/sc?s=$SPX&p=DAILY&b=5&g=0&i=0&r=7308), but I do like ~1070 for a target, I’m thinking around the new year. 1160 seems like a lot of bounce, but I wouldn’t count it out for a second push into February/inauguration.

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