Just trying to work out the levels at which the pullback will stop and reverse the direction.
We are reaching the general resistance levels and market has been already overheated for a decade.
Thus, I also provided the levels of support in worst case scenario of supposed further fall in terms of fib ratios.
We are reaching the general resistance levels and market has been already overheated for a decade.
Thus, I also provided the levels of support in worst case scenario of supposed further fall in terms of fib ratios.
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Short-term outlook:
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raw fib (1)