An informal presentation of technical analysis, market ratio analysis, psychology and macro fundamental opinion... along with whatever else is required to stay on the right side of the markets. The premium NFTRH service takes all of these and more to the next level.
"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10
Tuesday, May 4, 2010
Interesting Fib confluence on Financials
It's a bit busy, but if you look closely you'll see that a 38% retrace from the 2007 high corresponds with the 62% retrace of the most acute phase of the crash. Look, I am a geek... what do you want from me? We get off on this stuff. :-)
