Friday ended with a hanging man on the highs.
Attention to the next few days. A 12% drop could begin until the last gap opened near the 2,618 Fibonacci area.
Attention to the area 3210-3205 which will be an important support.
The US economy remains strong, this could only be a technical descent to increase long positions.
The 12% drop is very deep, I don't know how many possibilities it has to happen but we cannot rule out anything.
Attention to the next few days. A 12% drop could begin until the last gap opened near the 2,618 Fibonacci area.
Attention to the area 3210-3205 which will be an important support.
The US economy remains strong, this could only be a technical descent to increase long positions.
The 12% drop is very deep, I don't know how many possibilities it has to happen but we cannot rule out anything.
Trade active:
Look 2870. Is 0,5 Fibonacci level on monthly chart. Perfectly on the median of the bullish fork.
Trade closed: target reached:
Ok. very good work.
