ACTIV seems to be a little ahead of the GEO which doesnt reflect this down spike yet
since FEb 1 GRAPH date = Feb 2 trading,
we can expect 2mrw to close down as shown by the graphic
IF it does that ,then according to the PD,& ENERGY EFFECTS, expecting a strong day WED
that would seem to offer a good buy OPP to take advantage of a WED RALLY
HOW LOW IS LOW ??
1812 to 1940= 128pts gained off the low
38% FIBO math X128 would suggest 49 pts from 1940 = 1890 would be its target
BUT we'll wait to see if we get there before jumping in on the long side.
IF they do get there 2mrw, THAT makes for a very volatile week-
it doesnt seem very likely we will get such big moves
so adjusting that to FIBO 23.6% = 30pts to 1910- seems a little more reasonable expectation
since 10am today was @1920, THEN 1910 is not unreasonable for a pivot low.
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