omar.banuelos

omar.banuelos

Similar?

omar.banuelos

Are we going to test: 2.618 fib level tertiary upward trend (blue line, counting from top down) 3.618 fib level

omar.banuelos

Looking for it to break the recent downtrend line and 23.6% fib level. Should find some strong resistance at the 32.2% fib level.

omar.banuelos

Expecting retracement back to the top of the downtrend that correlates with the 38.2% fib level of the initial drop and the 61.8% fib level of the more more recent drop (finished 3/23)

omar.banuelos

. The pattern continues...

omar.banuelos

Consolidation almost complete, ECD latest 3/19. If breaks upward wait for cross above ~59.4 for confirmation of upward trend.

omar.banuelos Updated 

Start of 3rd wave, target 21.3k based on fibs from 1st wave; according to theory.

omar.banuelos

fib and wave theory

omar.banuelos

Following pattern similar to 1994-03?

omar.banuelos

near term bounce (next 1 days) to 16.27-16.5 (best case) before fall to 15.12 fib level and eventually 14.02. Possible fall to to 11.51 fib level, late in year early next.