Now touched 115.43/261.80%.

Now touched 115.43/261.80%.

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.


Will retest orange colored fibo fan line.

Bounced from 65.38/61.80%

Bounced up from 41.21/161.80%.

Bounce up from fibo fan line.

Bounced up from green colored line.

Next target is 78.25

Bounced up from green colored fibo fan line.

SPY formed three white troops. And very important support level is 243.66/61.80% of 3rd wave.
I found many of three white troops pattern on last days and this is good for long position holder.
