IDEX's first move in November is identical to the last 2 weeks, almost to the day
Pink arrows = first move
- Retracement to .786 off the high
- Extension sets price target at $5.59 - first green circle - dead on
Blue arrows = second move
- Retracement to .786 off the high
- Extension set price target at $6.38, green circle
OBV don't use Fib all alone. FWIW: RSI tanked the last week and volume has been in the drain during the sell off
Thoughts?