Will Wong
Long

YINN: After 2 days of Trump inspired selloff, Wave (2) is almost

AMEX:YINN   DIREXION SHARES ETF TRUST
105 views
1
done with close to 61.8% retracement . Maybe one more day tomorrow.

Comments

I am having trouble seeing an obvious support level for this. Do you think there's a small chance it could bottom out at $18 or even $16? Especially if Trump puts the screws to China in the coming days?
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@j412i, In EW Theory, wave 2 typically retraces 61.8%.
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j412i Will Wong
@Will Wong, Thank you
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KNUTWILLIE2U Will Wong
@Will Wong, It bounced off .764 so should get some mojo this week don't you think?
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Will Wong KNUTWILLIE2U
@KNUTWILLIE2U, Agree.
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