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Re: CortesInvestments post# 43669

Thursday, 10/09/2014 8:25:18 PM

Thursday, October 09, 2014 8:25:18 PM

Post# of 47295
Sorry I didn't see it because you, if your the chartist, didn't put the FIBs on your chart. But yes, I agree, FIBs retrace levels are also support levels.

I still don't like calling for any complete satisfaction of a chart pattern, before support/resistance levels are actually breached. That's like saying every chart pattern will reach target 100% of the time. Which doesn't happen.

Sorry my critique wasn't positive. We have the same bearish mindset. But mine isn't ready to call over all target, until previous price support levels fall.

Thanks for the input. Things don't look good. But I'm not ready to say they look as bad as you see, yet. Step by step. IMO

Welcome to my mind!


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