:) :) this is getting more and more hilarious. Witchcraft! voodoo! What will the fundamentalists say?
But wait, here's a thought -- others feel free to offer some arguments for and against, OK?
so far, textbook bounce off daily macd/RSi trendline support -- in this case the Macd fired first -- but also the FE 161.8%. Currently at FE 100% resistance after also hitting 38.2 fib.
My analysis tells me this is a wave iv and that we've got to go back down for wave v to the 161.8% level @ 1.1300 or thereabouts again.
That will be good temp bottom. This is MHO.
But some of you may feel that the rally is going to just continue and not return to the 1300 area.
Well?
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