gaped down and bounced from the 0.65 fib in there morning then regained the 337EMA and S2 bracket. it going to be interesting to see what happens as others have mentioned its going to be outside factors that dictate the price in the short term. as stated yesterday there are three areas of confluence fib retrace, S2, 337EMA and one down side and that is there's little volume/structure/support where the price currently is, so I believe it can go either way. hopefully over night the US goes well.
any feedback/thought would be appreciated
gaped down and bounced from the 0.65 fib in there morning then...
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