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INever · 09-24-2011, 01:47 PM

From 10 to 50, you're looking at a Fibo retrace of 62% to about 26, unless 30 was the spike low for a 50% retrace.

If the bears stay in control to 26 and bulls cannot get control there, then the next level down is 22, then 18.

09-24-2011, 01:47 PM
INever Confirmed User Join Date: Jan 2005 Location: .......in a niche, in orbit...... Posts: 3,511	From 10 to 50, you're looking at a Fibo retrace of 62% to about 26, unless 30 was the spike low for a 50% retrace. If the bears stay in control to 26 and bulls cannot get control there, then the next level down is 22, then 18. __________________ I love Camdough Last edited by INever; 09-24-2011 at 01:56 PM..