Birds Eye view of 180 Days leading into the current Option Expiration Cycle and thereby Monthly, Weekly, 4 Day, 3 Day, 2 Day, and 1 Day WoodiesPivots studies. I find it utterly fascinating how well price responds and/or reacts to these proverbial lines in the sand. It is much the same with Fibonacci Retracements and Extensions; On second thought, all Fibonacci Tools give rise to some amount of analysis. I truly believe they are immutable Laws of the Universe. As Larry Pesavento once so eloquently remarked, 'The Universe is Always in a state of Expansion or Contraction.' A profound thought, indeed one I will ponder the entirety of my days. Until then, goodnight and godspeed.
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