Just got tired after connecting too many fib lines so I'm publis
Simply, the chart shows those supports, maybe too greedy, to see it dropping that quick, but previous charts did show a switch around begining mid July. If that does occur acording to the fib (aligned with last *hump* previous zones of support and resistance), there is an overlap the bottom / and zone 5500.
Previous assumptions is -negative trend would be at *auto* degree -9. The further development of that angle==never quite worked out. yet// I like the second peak at the 2017 top, from its bottom *20% drop, in reverse and spaced out as a nice fractal forward. The zones in the chart are key. check my other charts and see if something else works to explain. chao.
Previous assumptions is -negative trend would be at *auto* degree -9. The further development of that angle==never quite worked out. yet// I like the second peak at the 2017 top, from its bottom *20% drop, in reverse and spaced out as a nice fractal forward. The zones in the chart are key. check my other charts and see if something else works to explain. chao.
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The other way this could pan out is with a 9 degree. from here to the .5 and then a steady gain up.
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5500 mid and *4000 safe reversal