Maxi's(@maxi48) pivot points up from the 4706.70L for the XJO ... well, AOK ...
BUT, I think the really important pivot point(s) up from the 4706.70L are at the 5051/52 DB ...
NOTE: where the 261.8%/161.8% extensions came in at using those remembering 'my' Fibs are taken from the range highs(in this case) whereas Maxi's are taken from the range low. Soooo, maxi's 261.8%Up = my 161.8% Up.
Maxi's in Cyan, Tanotfa's in Ice Blue!
From here, IF the XJO doesn't hold the ~ 5810 - 20 support in coming weeks, and any S/T rally is capped by the 5950.10H, then one would expect a test of the important Fib(s) near the 5611.50 swing level again. Take out the 5950.10H and those upper extreme Fibs come into play sooner!
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MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
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