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SP 500 and NDX Futures Daily Charts - A Fibonacci Cha-Chi

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Jesse
Le Cafe Americain
Published : June 25th, 2013
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Category : GoldWire

Intraday commentary on stocks here.

Richard Fisher made some remarks about 'feral hogs' testing the Fed's will in the market, and stocks rallied from there.

I thought it was a nice touch that he did so when stocks were almost precisely at the first key Fibonacci retracement level. Nice technical precision.

Stocks are appearing to try and find a footing after last weeks quadruple witching option expiration.
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