retracement

"A retracement back to the 4,200 level would not be the worst thing that could happen."

It begins with a downward move followed by a significant price retracement.

What is Fibonacci retracement, and where do the ratios that are used come from?

How to draw Fibonacci retracement, and how to analyze it?

Stock traders frequently look to the "Fibonacci retracement" when predicting future share prices.

That retracement has been fairly orderly.

"I don't want to say 'overbought' because that scares too many people, but this is a normal retracement."

Module 5: Support and resistance, Fibonacci retracement.

See Fibonacci retracement.

The tech sector has merely done what is termed a 'retracement' and is still going up, if you are a long-run investor.

For example if the high so far is $5.00 then a price of $4.50 is a retracement of 10%.

"To me that suggests there is a case to be made that once this rally is over, the market will go through a reasonably substantial retracement."

He continued: "That's because the longer-term outlook is still pretty bearish, and this retracement is technically based without any strong fundamental backing.

Fibonacci retracement is created by taking two extreme points on a chart and dividing the vertical distance by the key Fibonacci ratios.

It's designed as a measure of volatility, but only volatility in the downward direction, i.e. the amount of drawdown or retracement occurring over a period.

Fibonacci retracement is based on the idea that markets will retrace a predictable portion of a move, after which they will continue to move in the original direction.

According to Lane, the Stochastics indicator is to be used with cycles, Elliot Wave Theory and Fibonacci retracement for timing.

These graduates currently work in all aspects of surveying, including; retracement surveying, construction surveying, route surveying, mineral surveying, and others.

Despite the partial retracement of perhaps exaggerated gains, analysts were reluctant to declare an end to the bull market that has raised prices by one-third in less than three weeks.

Ronald Holzer, chief foreign exchange dealer with Harris Trust and Company in Chicago, described the dollar's movements as a "technical retracement" after losses on Tuesday.

"The retracement so far takes away only a small part of the increase in financial asset values over the last few years," said Henry Kaufman, an economist who runs his own money management firm.

"The dollar looks a bit toppish at these levels and there is a risk of retracement to 1.6480-mark support level during the day," said Peter Luxton, economist at Barclays Bank.

The GBP/JPY currency chart gives an example of a fourth wave retracement apparently halting between the 38.2% and 50.0% Fibonacci retracements of a completed third wave.

Consider the following sentence: "The presence of clearly identified support and resistance levels, coupled with a one-third retracement parameter when prices lie between them, suggests the presence of strong buying and selling opportunities in the near term."

"The fact that we were pushing the bottom led to a rapid retracement," said Robert Hatcher, a vice president in the foreign exchange department at Barclays Bank P.L.C. in New York.