mkendra,
We closed very close to the 61.8% retracement level of 3.19 today as the close was 3.22. FWIW, if 3.15 doesn't hold (3.19 less 1%), then next level of support suggested between 2.90--2.45. 2.90 is the prior high in mid-Dec which could function as support and 2.45 is long-term trend low recently established. Perhaps this set of levels will be buying opportunities?
Regards,
frenchee
#board-4258 TSP Trend Timing: EFA (I), TLT (F), SPY (C), and VXF (S)
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