Mr Fibonacci has been getting a hard workout the past 2-3 days. In the GDX the .618 Fibo of the rally from Dec to March is 23.22. the lows the past 3 days are 23.33, 23.27, 23.26 (today so far). A "decisive and sustained" decisive break of this area would look bearish, while a "decisive and sustained" rally would look bullish, pick your poison amigos.
Senor
MR FIBONACCI hard at work!
Started by
senorBS
, May 20 2014 10:10 AM
2 replies to this topic
#2
fib_1618
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Posted 20 May 2014 - 04:21 PM
Mr Fibonacci has been getting a hard workout....
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#3
senorBS
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Posted 21 May 2014 - 09:25 AM
Mr Fibonacci has been getting a hard workout the past 2-3 days. In the GDX the .618 Fibo of the rally from Dec to March is 23.22. the lows the past 3 days are 23.33, 23.27, 23.26 (today so far). A "decisive and sustained" decisive break of this area would look bearish, while a "decisive and sustained" rally would look bullish, pick your poison amigos.
Senor
SENOR FIBO WORKING OVERTIME THIS MORNING WITH A LOW AT 23.22, MUY INTERESTING!
SENOR
