Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 2377 to 2992.67 . . 2499.98 (80.03%)
Intermediate 2992.67 to 2485.01 2592.1 (21.09%) . .
Short 2752.97 to 2485.01 2592.1 (39.96%) . .