When the SP500 opens this morning it appears we have a bounce in progress. Is this the bottom...We don't know yet. But Mr. Fibonacci thinks so. With so much Fib Confluence down in this area, I have to say I'm leaning more so towards a bottom rather than a relief rally. Nonetheless, confirmation is required so we will wait to see what price tells us.
As of this morning we have no confirmation.
Best to All,
Chris
As of this morning we have no confirmation.
Best to All,
Chris
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