Markets moved in stronger directional moves, but adhered to what the EW labeling was suggesting. I update the labeling and add some Fibonacci support levels for the EW move in force.
Markets moved in stronger directional moves, but adhered to what the EW labeling was suggesting. I update the labeling and add some Fibonacci support levels for the EW move in force. Expectations include volatility likely remaining on the strong side with tomorrow's very large expiration. I would expect continued larger swings in both directions.
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