AI
Monday, August 30, 2010 9:27:43 PM
Russell 200 had a spectacular drop from the 6/8 to the 2/8 MM level. Important: it dropped 4 levels, but not 5, in one day. [According to statistics, a 5 levels move in one direction in one day, leads to an immediate and vigorous correction].
Interestingly, its down trend punctuations, since 8/10/10, seem to observe an “Accelerated Fibonacci Harmonics Scale”. Very BEARISH!
Interestingly, its down trend punctuations, since 8/10/10, seem to observe an “Accelerated Fibonacci Harmonics Scale”. Very BEARISH!
Join the InvestorsHub Community
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.
