I will be watching EXPR tomorrow (26-Mar-2021) for a potential breakout as the daily moving average crosses above the weekly moving average that coincides with a Fibonacci time scale sequence.
No particular targets have been set.
However, previous levels of support/resistance have been identified.
Silver could still go a bit lower but we already have a clean oversold upcross on the 8h oscillator. 16h oscillator looks to turn up before reaching fully oversold.
Fractal ribbon composites have popped out of their downtrend ready to make divergent higher lows.
Gold could go a bit lower but shows clean oversold upcross on 8h oscillator. 16h oscillator about to upcross as well without reaching fully oversold.
Fractal composite ribbons are turning up from downtrend, preparing for divergent higher lows?
We're at a great juncture on GDX for illustrating how Fractal Resonance Oscillators can help confirm a particular Elliott-wave structure. This is Avi Gilburt's primary count on elliottwavetrader.net and (for now) it perfectly matches the oscillator states across all 8 timescales.
Notice the upcross on 15-minute oscillators coincident with the little bounce at...
