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Oil to $70 following Fibonacci 1.618 extensions
USOIL
, 240
Long
USOIL: Oil to $70 following Fibonacci 1.618 extensions

A fib spread over rough current range has seemed to show jumps to the 1.618 mark. Using this logic I am looking towards $70. Just my thoughts, all are welcome.

Japan Following China Down...
JPN225
, 15
Short
JPN225: Japan Following China Down...

I have been watching this pair for the last few weeks. It is closely related to China, with all it's current problems, as many Chinese companies are represented on the Japanese Index (I'm led to believe). It's been uncannily bouncing off fib lines all the way down, both the Fib drawn on a larger scale, the rise from October to December, and also smaller partitions...

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