GS Goldman Sachs Technical Pullback at DownTrend Test $230

2 Kas 2018

Fib Pivot S3 $223.41
SVE Pivot S2 (TOS) $223.45
Downtrend tested this week at approx. $230 Rejected as expected
-Uptrend from July ‘16 Snapped in April this year to downside



#tekmunnnee Strategy into week starting 11/5 for potential Short/Put Play to $223 range
4HR 9eMA potential cross downside @ $226.72
$228.69 near term Support & Resistance test
Fibonacci 61% $222.06
If below Fibonacci, potential further downside and will reevaluate Downside Pivot Targets

2 Kas 2018

Not

Missing Bullet/Warning:
If FOMC Catalyst upcoming week provides bullish sentiment for GS & tests/breaks $230, flip to play call side potential (reevaluate upside Pivot potential at that point)