fibonacci6180

Looks Good!

I think VIX will go up more and reliable support level is 12.79 ~ 12.91. Check this.

14.03/161.80% is a resistance point. Once break over this level, next target is 15.23.

Next target price is 69.68/161.80%

Will bounce up after hit fibonacci 0.236 fan line.

Next target price is 220.55

Fibonacci extension level can find where are target prices. Check each prices with fibo extension level. Near target price is 6469/261.80% once this price go over surely 5299. Strongly recommend to buy low at 61.80% and sell high at 423.60%.

Expected bouncing point is fibonacci fan line 0.236.

Touched bottomed 25.43/61.80% and this level is very important level for supporting.

Bounced from 208.80/161.80%. I think falling bio sector is stopped now. However need to watch more.

5076/61.80% is support point. Next target is 5162/161.80%

2.530 will be expected bottom point. But need to check 61.80% level for entry.

Possible support level is 63.34/423.60% and expected will rebound from that.

Now stuck at 161.80% level. But once over 161.80%, next target is 6469/261.80%. This is good news. But now is forming 2nd upwave and during the process that find the bottom of 2nd upwave. So getting price lower can be possible. But this is healthy adjustment, not meaningless drop, I guess.

Not much impacted by presence of Disney+ but looks it will have hard time.

Next target is 137.24/423.60% Be careful once hit this number.

Next target/resistance is 112.15/423.60%.

Next target is 1.1333/423.60%