Once again the 4872 Fib Confluence pivot figures into the picture at today's high... If the previous low of 4832 is broken, we have a downside continuation into 4772... last day of volume low. Sure doesn't seem like there's any real buyers and lots of sellers starting to show up...
(3/30/2016)
but we think that the Fib Confluence point at 4872 figures prominently as an upside target and that the action today favors some follow through to the upside as well.
Edited by SemiBizz, 05 April 2016 - 02:26 PM.
