Fibonacci Extensions: How to Find Turning Points
June 24, 2015 at 17:37 PM EDT
With ETFs available for almost every financial niche imaginable, more and more traders are looking to technical analysis tools to help them trade the ETF universe. The Fibonacci Extension tool is available on most trading platforms and can help ETF traders establish profit targets and isolate potential price reversal areas. Like any indicator, it shouldn’t be used in isolation, but is a valuable tool for providing an overall context of where an ETF may be going