Oct 6th at 9:30 |
Those price levels could reach down to fibo levels between 1145 & 1075
the gain was 70 pts
use the fibo values
50% = 35pts to 1110
62% = 44 to 1101 *** this would be an obvious target
78% = 55 to 1090
and IF the decline gets down to 1101, can they really rebound again on Friday back to 1145?
DOESN'T seem likely- extreme VOLATILITY
Whatever happens today & tomrrow is ONLY a setup for next weeks CRUNCH
more later
Jay
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