.....Can call it "brown" or "golden".....The Golden Ratio suggests or indicates that "if" the .382 retrace/correction is made....it would give a DOW around 5555....Nothing is for sure until it actually happens.....The DOW may not get to 5555 (although I tend to think it will this fall)....or it may surpass 5555 and go even lower!.....If it goes even lower than the 5555; THEN i would say you could call it the "brown" ratio; as it would seem more fitting if you know what I mean?
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.