Hi Lucrum, Thats show we are achieved the 50% Fibonacci of all movement retracement at +/- 7.440. This point as been the support to the actual movement. The 62,8% Fibonacci level of this failure from the maximum is about 10.000 where probably we go. And also graphically is easy to write the levels of support/resistance at the same distance betwen the minimun to the maximum. Salut
Hi, And S&P500 seems to confirm this probable movement going to 38,2% Fibonacci retracement level. Salut
Looks like today might possibly be the day or tomorrow for sure to determine if we fail and break through those 8,300 low ranges. Should be interesting to see if your prediction comes true.
Are we still on track or did the ABC pattern fail? Update us, would be interesting to know where we're headed in the short-term, anything new? -troll
Hi Codetroll, For me nothing is changed but it seems all ok for a big up movement both in S&P (more evident, exactly)) and DJI. As tell you on the graphic the quotation takes advantage on political and economical change from january 20. Remember, this is only the opinion from an old man. Salut