Monthly chart
Fib extensions drawn from 2009 low - 2011 high - 2011 low gives us 161.8% Fib extension level of 2213.5. Watch for a failure at the same ... especially with overbought indicators.
Fib extensions drawn from 2009 low - 2011 high - 2011 low gives us 161.8% Fib extension level of 2213.5. Watch for a failure at the same ... especially with overbought indicators.