RNX daily. Recent run had a quick drop to within one pip of the 50% fib level but the short ema's didn't flinch and kept the upward momentum. However we have a larger fib grid with current prices exactly at the 61.8 level resistance.
To me, given the recent 300% run to the current price, I'd think it has to cool off for a bit and retest the 50% fib level again, or at least wait for the 65 to catch up a bit. However, in saying that, high volume that comes with a move over the 61.8 fib would be very interesting.
