Geday all just running the figures on May . Is 4.80 our todays low a fibonacci retracement ?
Major low was 3.00 mayor high was 7.55 total rise 4.55 60 % of total rise was 2.73 deduct 2.73 from 7.55 and you get 4.80 . Now is this a figment of my imagination ? Has it gapped down to quickly ? You can only trade the trend and thats down , dont be surprised though if tomorrows up . cheers ge ps; i have no position YET. http:www.vicrally.com.au
SYB Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
