Daily is showing some RSI divergence and is possibly still in a 4th wave pullback in an impulse wave. We are also currently at the 200 MA resistance noted as well. Fib zones set on wave 4 to show targets using fib extensions, the first being the 1.272 level putting us right at the bottom of the wedge. Enjoy the decline, bear market is not over yet! ;)
Comment:
I only get 3 likes for this idea :P .78 fib passed