NASDAQ Powershares Correction August 2014
Expecting more downside here for August 2014. I'd say it's a fairly safe estimate to say it will drop another 2.5% from here to 61.8% fib retracement, at around $92.24.
50% fib retracement is around $90.5 - I am not ruling out the possibility of this correction taking the price to that point.
50% fib retracement is around $90.5 - I am not ruling out the possibility of this correction taking the price to that point.