Two emotions rule financial markets: fear and greed. Fear can arise when a stock position is losing money, and greed rears ...

In One Chart Some stock market ‘complacency creeping in’ after S&P 500’s ‘near-perfect retracement’ of selloff: chart watcher By William Watts Last Updated: March 28, 2022, 1:21 p.m. ET ...

(AQ’s chart marks this at 3.31, and mine at 3.34, just slight differences in personal preference as to the placement of the 0 and 100 retracement limits, thus the “band of yields”).

Chipotle shares may find support near key Fibonacci retracement levels at $3,066, $2,821, and $2,622, which also align with other key chart areas.

The price zone around the 38.2% Fibonacci retracement is the next area to watch for support. It goes from around the previous trend high of 1,932 to the 38.2% level at 1,926.

Alternatively, a move back below the 38.2% Fib at 1260.38 exposes the 23.6% retracement at 1251.18 anew. Chart created using TradingView ...