llywellyn

llywellyn Updated 

This chart has been contracting for a few days & is charging up between the .618 fib line & making it's way toward the .5 fib at 3.3. I'm somewhat surprised it fell this far to begin with- it seemed poised to follow ETPs footsteps up above $5. Nevertheless, it has now reached a strong support zone & I expect we will see confirmation of reversal shortly when 3.3...