Micron Technology for short term respite. MUFibtime suggest a drop over the next month to month and a half. This is a guess as markets can never truly be timed. Time after all is not a continuum and has ebbs and flows like a river. We just simply do not notice them. Here believing end of an A within a B within a B. Divergences happened, momentum shifting, 5 Wave impulse confirmed. 0-2 line not shown, but we are certain to be heading down on this one.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
