There are times when markets reverse for no apparent reason and seem to defy any news that would support the direction of the trend. We call the this occasional event the "Fibonacci factor"and this occurs when markets reach certain retracement levels and often reverse direction from their
previous trend.
In this new short video we outline this phenomenon on the S&P500 and will also be covering it when our new educational trading video debuts this Friday, which will be of course, "Fibonacci Friday".
As always there is no charge and no need to register. Enjoy today's video and please let us know what you think by leaving a comment.
Watch "Why Markets Reverse...Blame it on Fibonacci"
New Video: How To Use Fibonacci Retracements
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