Plotted above are here two different fib series. Thick lines are of its "Genesis" (at birth) sequence. Thin lines are the "Covid Stimulus" wave structure.
$ 164.00 is a Golden Fib on the Genesis Sequence. $ 149.25 is the next stop if we lose the golden fib. $ 174.11 is the key level above to break and hold.
Here is a snapshot of the Genesis Sequence:
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I do not use "Fibs" in the "traditional" manner (retracements). I use Fibs to plot "Ripples" (extensions) created by "Impulses". Then look for "Confluences" to map the "interference Pattern".
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