PolyMat has been following this blue Fib series pretty closely.
Blue's 2.618 is a common retrace and often strong support.
Blue's 3.236 is first test, clean break would be a great sign.
Red fib is plotting ripples of the correction wave.
Red 3.236 bounce would normal bullish behavior.
Red 4.236 is Bulls' Last Stand, below which is doom.
Blue's 2.618 is a common retrace and often strong support.
Blue's 3.236 is first test, clean break would be a great sign.
Red fib is plotting ripples of the correction wave.
Red 3.236 bounce would normal bullish behavior.
Red 4.236 is Bulls' Last Stand, below which is doom.
Yorum:
Red 2.618 is now the problem
.
Rejection here implies trip down to Red 4.236 perhaps.... .
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