And Then?

Fibonacci ‘Day 21’, was a swift wide bar down move.

Wide bars tend to get tested, and we see that happening today and possibly tomorrow (not advice, not a recommendation).

When looking at the left side of the chart (compared to right), volatility has increased, indicating instability.

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279