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TFC Commodity Trading Forum

Mini S&P *PIC*

The price bars are approaching the 138% Fibonacci expansion place, and will arrive there on Monday. The price is lagging behind time by about 30 points. If price and time were to square up today, then price would have to tag 1355 today. On Monday the price would have to tag 1367 in order to square with time. I don't know if price can muster the energy to thrust upward and square itself up with time or not, I kind of doubt it, or if it will just continue to lag behind but it'll be interesting to watch and see. I'm not trading it, just charting and watching it because it is an interesting time/price study to me at this time.

Messages In This Thread

Mini S&P *PIC*
Re: Mini S&P vix