Foreign Aid

I take no pleasure in writing it, but I must be true to my chart – – the EFA (worldwide equities, sans North America) has tagged what could be a very important Fibonacci support level. The prior instance of such a tag is also shown. I mean, hell, I’m having just way too much fun to want this to ever stop, but I guess the market simply isn’t going to go down every day until the end of time. It’s a shame, too.

(Click on image to enlarge)