Are fibs saying End Of The Line here?
Hi Traders! No not forever... Just for this retrace wave up... Showing different wave Fibs levels I show how they are all converging here as reversal signals. In other words according to them (and I confirmed with other TA) the down isn't finished yet in the markets. I see us at least forming a double bottom which would make for a more solid bottom to go back up from here into October.
Hope you enjoy!
Hope you enjoy!
Note
notice all the fibs are converging on 19K.. where we are today... Lets see if the future heads where I think after today.
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