Fibonacci Reversals on VRX , AAPl, NFLX,Gold, Oil and S&P 6 pts Trade.
- NFLX collapse is latest example that stocks will collapse despite stellar earnings and Oil is perfect example that commodities will rally despite oversupply and OPEC disagreements for one reason only: FIBONACCI WILL ALWAYS OVERRIDE FUNDAMENTALS AND INDICATORS.
- Collapse on Netflix despite spectacular earnings is confirmation of Fibonacci overriding Fundamentals as I had been bearish on NFLX since 2015 as Fibonacci Reversal Zone been reached and I stated since January 27 prior to any earnings that NFLX heading to $85 and then $60.
- Fibonacci Collapse on Netflix, Valeant and Apple: darlings of hedges funds had been preset by Price and Fibonacci years before any earnings reports had been released. I posted all these as Fibonacci Reversal Zone collapses since 2015.
- No knowledgeable money manager would ever enter position into Fibonacci Reversal Zone where price reverses from completely 85% of the time.
- Since 2015 I had been posting that Valeant heading to $20 and when $20 level is broken to $0. Ackman kept acquiring Valeant when Valeant was close to Fibonacci Reversal Zone at 260. Listening to endless Bullish calls on Valeant had not been easy as I posted to short every Bullish Pullback on Valeant. $260 on Valeant in fact is Proprietary Fibonacci Reversal Level I developed in 2008, witnessing time and time again that fundamentals and earnings hold much less meaning than Fibonacci Strategy I developed.
- Valeant collapsed when Fibonacci Reversal Zone was reached at 260 and Apple did the same as Fibonacci Reversal Zone was reached at 130 as posted since 2015.
- Exact same formula applies to Apple as my bias on Apple had been bearish since Fibonacci Reversal Zone at 130 had been reached. Apple continue respecting Fibonacci Support on monthly and bouncing to 111 as posted on January 27. This time around if 90 is broken: Apple heading to 78 and then 60. 60 is where Apple may become good buy, but this is where Fibonacci Rules will remain key as this will be Fibonacci Reversal Zone of the Bearish Trend.
- If top hedge funds in US used Fibonacci Proprietary Strategy: they will not be Long Valeant. It is only wise to short Valeant on every bullish pullback as I stated since 2015.
- Fibonacci image below reminds me daily that Fibonacci Accuracy is never to be underestimated if it is used properly with rules I developed.
- In video below you can see clearly how crucial it is to exit the position when Fibonacci Reversal Zone is reached. No matter what instrument and what time frame is used. S&P Emini collapsed completely after 6 pts just live Valeant, Apple and Oil did on monthly:
- AAPL Fibonacci Collapse, Oil Fibonacci Analysis and S&P 6 Pts Trade May 2
- The collapse on Oil has been preset since 2008 from 127 level and once $86 Fibonacci Support in this area had been broken: Oil went into free fall in 2015. $30 on Oil was in fact Fibonacci Reversal Zone of the Bearish Trend. Bullish Rally on Oil discussed with my clients in a progress with multiple points of entry from 38- 40 area. I expect bearish pullback on Oil at any time between 49- 50 area. Once this level is broken: Oil will fly until 54 and 60 next:
- Oil Hourly, Weekly and Monthly Fibonacci Levels April 28
- May 2016 is pretty important month as it will determine the direction of the market more into bearish correction territory. Every Trend has an end and this is exactly why the markets are collapsing. Over the last 5 years I have predicted within my videos, posts on my website and within social media of the events we are seeing playing out in the markets right now.
- Alla provides Fibonacci Analysis for hedge funds and can be reached at:
- alla @allapeters.com or 949-929-9398
