Peter is an independent trader and author of the Talking Technicals blog that focuses on technical analysis of the global financial markets. Prior to becoming a full-time trader and founding Contrarian Analytics LLC., he worked as a technical analyst with IGM in New York and has traded for nearly ...
more Peter is an independent trader and author of the Talking Technicals blog that focuses on technical analysis of the global financial markets. Prior to becoming a full-time trader and founding Contrarian Analytics LLC., he worked as a technical analyst with IGM in New York and has traded for nearly 20 years. His articles and analysis have been featured in thestreet.com, seekingalpha.com and now talkmarkets.com.
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Watch These Key Fibonacci Retracement Levels
S&P 500 closed right at 2812 and left behind a possible short-term exhaustion candle...Now stocks are likely to consolidate here, but watching closely for confirmation of momentum shift...
Watch These Key Fibonacci Retracement Levels
The Nasdaq Composite level to watch is 7669/70 and the 50-day MA @ 7723