Nothing to be taken seriously - I'm no expert. 30% down after breaking 200 MA on the weekly. This particular percentage downward has occurred twice before, after breaking 200 MA. Using a trend based fib extension the 1.618 mark is not far of from above mentioned bottom target. Leaving potential buy zones between 17900 and 15500. We shall wait and see what the...
Used fib levels to determine short term uptrend to the top of the current parallel channel .