THIS TEMPLATE LOOKS familar....a guy i knew long ago used this.
DislikedThe move last Friday pulled it back to the 23.6 fib of the weekly upmove. This also happened to be in the cluster of MA's that are acting as support levels as well. These supports are the 200SMA and the tunnel, with the 24SMA starting to make the cross. Whether it crosses the tunnel and 200SMA remains to be seen. On a side note the 4H candle closed uner the 200EMA so that could act as the resistance. I am curious to see what may happen and will know more when I see the open price. I feel that we may continue on to the 138.2 or 161.8 fibs which are...Ignored
Its all in the mind.