Bullish trend still Valid, but facing big pullback
I am looking at Fib extension level 1 around 3990-4000. the downtrend has its 1st leg down, now the second leg started and may have at least 2 sub legs down. 4000 also a daily gap that never got filled.
Level 1.618 and 2 are also interesting levels.
If the market did go to level 3, I will be all in, which I do not believe will happen this year unless...!
Level 1.618 and 2 are also interesting levels.
If the market did go to level 3, I will be all in, which I do not believe will happen this year unless...!
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