Lion's Lines Sometimes Rhymes With Signs
The Gann fan shows we are exactly inside a uptrend channel. The $442 low was right on the edge of the channel drawn using the $339 low of April and $683 high of June. We also stopped with $534 exactly to go higher at the 0.61 Fibonacci retracment using these price points.
I think we are going to test $450 as bottom first - again, but after that we are going to rally up.
I think we are going to test $450 as bottom first - again, but after that we are going to rally up.
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