Plotted is the SINGLE Fib series that has caught EVERY major turn since the $829 top. We are now approaching the KEY level 2.618 which is always strong like a rook in chess. No way to know if 522 will be the top, but IF there is one soon, THAT would be perfect.
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My TV collection of ideas detailing the Concepts: Chapter 1: Chapter 2: Chapter 3: Chapter 4: Chapter 5: Chapter 6:
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wow, now we look for 550 check out the bounce from that 2.618 though. 2.618's are always strong, and apparently this at this time was directing its strength upwards!
My man why 829 top when hit ~1400 a few months before ?
EuroMotif
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@kevin13aa, The drop from $829 set up the last set of waves which have been in primary control ever since.
There also a fib from the 1400 top, but that stopped being effective after the 829 retrace ....
kevin13aa
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@EuroMotif, thanks man. Learned smtg new from this n my charts r looking a lot better as a result... ;]
okifinance
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Next support level $466
bearinthemountain
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if it crosses 2.618 level what do you think will be the next level that need a lookout?