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
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