With our current geopolitical standing, the degree of the drop the 23rd-24th of June, and the direction. analysis of the SPX, I believe we have been presented with a very fruitful opportunity. We've seen a NASTY dip after what seems to be a 5 wave move up.
After drawing fib retracements, we closed the market with a small dip under the .5 retracement level. its HERE i added.
Should The indexes react to their potential "Abandoned Baby" setups, Oil should rebound.
After drawing fib retracements, we closed the market with a small dip under the .5 retracement level. its HERE i added.
Should The indexes react to their potential "Abandoned Baby" setups, Oil should rebound.
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