Aussies not looking happyThe current picture on the 3D time frame shows the following:
1. Price has rebounded to a 61.8 fib and is struggling.
2. The market has disallowed 6200 on four occasions.
3. Price is flattening in a structure zone.
4. The rebellion to current level has taken 5 times what it took for price to crash.
5. This is still a bear market as price has not nearly challenged the 6620 level.
None of each of the above means anything on it's own. But taken together the probability is for the south around this time. How far south - nobody knows! The probability can change as new information emerges.
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