OMG, talk about make a fool of yourself.
Next time you want to talk about fib retracements, how about setting them up properly. Just shake heads.
If wanting to calculate fib retracements you start your fib from the bottom and go to the very high, not the other way around.
Now anyone can see that the SP has retraced far more than your stated 23% and that’s because you’ve got them back to front! Oh dear.
If you want to use fibs to predict possible higher targets then you set them up from top to bottom hence it adds extensions like your garbage demonstration shows. (the 1.62 at a little over 10 cents)
Seriously, if you’re going to come on here with all your smack talk, and your garbage comments criticising other posters, you need to back it up and you just don’t cut it.
Cheers.
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