June 2020 month close under 161 fib.
Aggiornato
First time this has happened in 14 yrs. 2008 break was the last one.
Post doe record keeping / later review.
Other like posts:
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We have now filled multiple charting conditions that were not seen in any of the previous bear scares.
As per the fibs, it's official different this time.
Drop taking us 50% off the high is the forecast of these signals.
Post doe record keeping / later review.
Other like posts:
-
We have now filled multiple charting conditions that were not seen in any of the previous bear scares.
As per the fibs, it's official different this time.
Drop taking us 50% off the high is the forecast of these signals.
Commento
Historically when there's been a breaking of the 161 the following capitulation drop has been accompanied by news. Sometimes widely unexpected news. Other times more typical news. But often news driven move.
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