Tuesday, February 24, 2009

Leonardo of Pisa "Fibonacci" - 12th. Century Mathematician
2D, 10m. - Feb. 23 - Fibonacci retracements.  Resistance and Support identified for last two days and retracement lines are drawn from top to bottom.  50% (76.39) considered "critical."  61.8% (76.85) is the "trend breaker."  38.2% (75.93) "first line of defense - erosion here is considered a trend threat."

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