Sunday 8 January 2012

Trade Alerts by Fibonacci - 08 Jan 2012 (23:00 pm)


Entry PointKey LevelProjectionStop Loss
S&P5001258.0, 1261.5 (Buy)1265.9, 1270.31317.31241.5















S&P500 Chart (1hour) - Analysis time: 23:00 pm

Commentary

HAPPY NEW YEAR!!! Wish Everyone Good Luck!

A Fibonacci Analysis on 1hour S&P500 Chart. Gives us entry points at 1258 and 1261.5, looking to go long here. Also observing the key levels. Will be placing the stops beyond 1241.5. Projection of 1317.3. Lets see how the market reacts to these levels.

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