The Role of Fibonacci Numbers in Predicting Market Movements

Ellef Carlin-Boroden, a technician who uses Fibonacci numbers in her analysis, joins the hosts to discuss the potential future direction of the market. They explain how Fibonacci numbers can be applied to predict market movements and highlight their track record of being met often. The chapter concludes with the guest's observation of a confluence of Fibonacci time cycles that could act as resistance to the current market rally.