Technical Voodoo At Play In The Benchmark S&P 500

Technical Voodoo At Play In The Benchmark S&P 500

Among the many technical indicators available to us as market technicians lies one in particular that to this day I have trouble wrapping my mind around. These tools aren't necessarily difficult to use or interpret, but trying to grasp why these work takes some higher level thinking. I am speaking of the Fibonacci toolset (Extensions, [...]