I'm actually quite curious on inflection points and fib levels. We are talking mother nature here.. So i wonder how pandemics correlate with fib levels. It'd be cool if someone had access to other pandemic charts and if they could chart what the fib levels look like.
Cornanalysis
Tiempo de Partiro My horizontal support line and upper bound of the July Channel is being broken as I write this - not surprised and was expecting at least a wick below it. W
What I wasnt expecting is such low volume on this break. I think most of the community is somewhat surprised by the lack of volume, but maybe people are getting smarter. This means lower lows are to be expected - we're gonna break the 2/6 low.
I suspect we hit 6.2k on 4/13 (blue arrow), with a wick going into the 5.5 (green). If a wick breaks that trendline, then I think we will see more bear market down to 4k.
