We having a pullback after breaking triangle to dowside, Upmove should not go further then point E as it will invalidate setup. I expect another sharp move down to target in area 2068.
Comments
vinodh2u
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Hi Pablo , When do you expect Markets to go to 2068 levels. I have a Naked Put with near price 2060 and expiring on Nov 30th . Any help is appreciated.
Even my Fib charts show a target of 2068 around.
pablo82
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Theoretically target should be reached no longer than Dec 21st as it suouldn't take longer than time to complete whole pattern.
From experience and taking under consideration current envairoment I think there is high chance that target will be reached before end of Novemeber.
Even my Fib charts show a target of 2068 around.