Thursday, April 16, 2009
Was it the Fib retrace off the 1007 top all along?
Of all the fibs I try to include I can't believe I left this one out. The 61.8 retracement off the 1007 top to the 667 bottom is 877. This is a good example of why I do so many charts in different time frames. You can catch stuff like this (if you get ti right the first time of course). Maybe this helps our situation. We have completed a strong 50%+ retracement off a major top. Keep your fingers crossed.