Formed three white troops and touched 423.60%. Undoubtedly declining. Need to check 77.08/261.80%
BMY stopped at 44.73/161.80%.
Author: fibonacci6180
Chart Analysis – TMV
20+ year treasury bear ETF
Expected lows are :
1) 17.1, green colored fibo fan line
2) 16.9/61.80% of 2nd up wave
3) 16.74/423.60% of down wave
No rising pattern set up.
Chart Analysis – APPLE
Tomorrow, one of two will work as a support.
1) 144.92/423.60% of down wave.
2) 146.72/0% of 1st up wave.
If all fails, next support is 133.12…
Chart Analysis – DGAZ
Now touched 115.43/261.80%.
Chart Analysis – LABU and LABD
This is a good example why stock price down….
LABD, S&P Biotech Bear 3X ETF.
Fibonacci topped fan line + Major Fibonacci extension levels such as 261.80% + Bearish candle => Price down.
LABU, S&P Biotech Bull 3X ETF, 3 White Troops formed and main support level is 29.39.
Chart Analysis – EXPE – Expedia
Will retest orange colored fibo fan line.
Chart Analysis – ETN – Eaton Corp.
Bounced from 65.38/61.80%
Chart Analysis – ETFC – E*Trade Financial Corp.
Bounced up from 41.21/161.80%.
Chart Analysis – EL – Estee Lauder
Bounce up from fibo fan line.
Chart Analysis – EFX – Equifax
Bounced up from green colored line.
