Wednesday, April 24, 2013

Gartley AB=CD


After reversing higher off of the 61.8% retracement yesterday, price of the S&P 500 futures came within one tick of of the 100% extension, which was a confluence of the 161.8% Fibonacci Extension drawing that came within one tick under. So, the median of these two was the exact price to the tick, and thus created an ideal Gartley AB=CD.

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