Your Economy (No Politics)

[Bullwinkle]

That is a possibility and you could very well be right, but it looks like an exhaustion gap fill to me. Obviously I could be wrong and while it certainly is not a text book doji star, I felt it was worth noting...

On another note, there are other issues that may come into play in this area. If you look at a 1 year chart there are about 4 instances that use to be support that could now be defined as a shelf of resistance due to the last down leg before this current bounce. Also depending on which Fibo you are watching, we are at various stages of a retrace.

COMP-2075 with 2193 to 2008 = 38.2% Fibo / COMP-2075 with 2193 to 1900 = 61.8% Fibo.

What does it all mean? Nothing more than food for thought at this juncture.