Sp500 is broke yearly roof
But December candle has to close above the roof Camarilla yearly R4.
TD trend-line breakout was true - with gap
TD breakout projection sends us basically to 3.900.
Follow the trend with 8 ema daily (didnt plot that) and 8 weekly ema
Right now we closed below 8 ema daily but as long as we are above 8 weekly ema - Uptrend is in place.
PS In this post you can see how you can use Fibonacci extensions using yearly highs and lows.
EURUSD this year did exactly 100 percent Fib extension from previous yearly high (coincided with yearly traditional R3 pivot).
But December candle has to close above the roof Camarilla yearly R4.
TD trend-line breakout was true - with gap
TD breakout projection sends us basically to 3.900.
Follow the trend with 8 ema daily (didnt plot that) and 8 weekly ema
Right now we closed below 8 ema daily but as long as we are above 8 weekly ema - Uptrend is in place.
PS In this post you can see how you can use Fibonacci extensions using yearly highs and lows.
EURUSD this year did exactly 100 percent Fib extension from previous yearly high (coincided with yearly traditional R3 pivot).