This article was originally published on ETFTrends.com. Per Investopedia, a Fibonacci retracement is "is a term used in technical analysis that refers to areas of support (stops going lower) or ...
A retracement in investing refers to a temporary reversal in the direction of an asset's price that occurs within a larger trend. It represents a short-term dip or pullback before the asset resumes ...
Crude oil finds support at Fibonacci levels, but rising inventories and weak demand keep the oil outlook bearish heading into ...