2 Scenarios are possible either a bounce at the .618 FIB at $155 or a breakdown.
Scenario 2 seems more likely given that the interest rate hike will be announced next week
Expecting a retracement to September lows of $142
Adam & Eve top formed on the 3D
1D - PSAR Flipped Negative
Price has dropped below 50MA on the D/3D (further bearish evidence)
Scenario 2 seems more likely given that the interest rate hike will be announced next week
Expecting a retracement to September lows of $142
Adam & Eve top formed on the 3D
1D - PSAR Flipped Negative
Price has dropped below 50MA on the D/3D (further bearish evidence)