61.8% Retracements are Very Common in Bull markets. The decline in the SPX from the 1474.52 high of 9/14/12 to last Friday’s low of 1348.08 represents a 61.8% retracement of the move from the 06/05/12 ...

Live cattle dropped another 1.6% to 2.2% on Friday cementing a net weekly loss of $8.20. The June cattle contract spiked the 61.8% retracement for the week’s low but held there above there for the ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Looks like some fix-related selling in cable to wrap up the week in London as the pound (FXB) falls below the ...

In the update below we have the swing point and what to look for above and below based on the two methods of analysis. Not much of a range this week and with no new high, or low all the Above/Below ...

After the 2011 top, there were three corrections to the 61.8% retracement. What we now see is the third move of this kind. Gold is re-testing its 61.8% Fibonacci retracement once again instead of ...

The S&P 500 just needs a little push to pull off a major technical comeback. Using closing prices, the S&P 500 fell 1,161.38 points, from its Feb. 19 record close of $6,144.15 to its April 8, one-year ...

Silver pulled back to test support at the 61.8% Fibonacci retracement on Monday with the day’s low of 22.45. The 61.8% price level is 22.53. At the time of this writing, silver continues to trade near ...