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I was wondering what would cause 4am spikes on XOP to $167 when it trades in the $130's? They happened on 1/11 and 1/12. See the attachment on the 20-Day 1 Hr. candles. I have a theory that it is to the hold value of OTM options. Could that be plausible?

How do any trend reversals and support/resistance zones form? It is by many traders coming to the same consensus to make it so: Here are the Fib retracements of IWM taken from the Pandemic lows to the November 2021 highs (in Red)... and another retracement from the June 2022 lows to the August...

How I use them is that I try to find pivots on longer timeframes and look to take long or short positions to reach key Fibonacci levels and then combine it with a trend strength indicator and an overbought/oversold indicator to determine if the move will have enough strength to reach the key fib...

Energy pipelines, homebuilders, and steel companies look undervalued based on P/E and dividends.

I would use the Fib Extension from the 3.13 low on 7/18/22 to the 3.96 high on 11/14/22 back down to the 3.72 low on 1/5/23. The next move I would trade is a long to the 4.24 61.8% level.