| FIBO. RETRACEMENT TABLE | ||||||||
| From | To | Fall/ Rise | 0.00236 | 0.38 | 0.5 | 0.00618 | 0.00736 | 0.008 |
| 5421 | 5313 | 108 | 5338.488 | 5354.04 | 5367 | 5379.766 | 5392.488 | 5399.4 |
we did 5343 today . If this was 3rd down to be followed by 5th then 5379 would be a good point to sell again , with 5400 as SL . If we move past 5400 then correction would be assumed over at 5313 for now . Anything above/below 80% is strength/weakness.
Channels
Downtrending channel is intact.
Trend remains down with momentum as closed below DLema .
20 crossed 50 today to down and now to watch is combination of 20 and 100.
