My view is that, once we get below these (next week? first week of the year?) it’s going to be party time again for the bears. Until then, we watch and wait.
The “call wall” at 3800 is no accident. See, there are not just one but two MAJOR Fibonacci retracement support levels almost exactly at the same price. My view is that, once we get below these (next week? first week of the year?) it’s going to be party time again for the bears. Until then, we watch and wait.
(Click on image to enlarge)
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