Nasdaq has failed to close over 6371 since 7/31 - This represents a 3.618X Fibonacci Extension of the first leg up, in this case acting as SOLID RESISTANCE...
If it fails now, we're going to see 6193 - Fibonacci Support and gap fill confluence...
Always nice to know what the market has to do to prove itself, one way or the other...
Edited by SemiBizz, 05 August 2017 - 11:08 AM.