Its SHORT folly to be looking at the 50% FIB retrace imho The...

Its SHORT folly to be looking at the 50% FIB retrace imho
The real one to look at is the 61.8% FIB.

also the close was 29.88 on 31 Jan not 29.95

"The key Fibonacci retracement levels to keep an eye on are: 23.6%, 38.2%, 50.0%, 61.8%, and 76.4%. The levels that seem to hold the most weight are the 38.2%, 50.0%, and 61.8% levels, which are normally set as the default settings of most forex charting software."

so that makes it 18.47
Its SPOT ON there now at 18.20-18.60 where we have seen 4 x rebounds and support shown up at this area.

if youre waiting on $14.98 to hit during Sept/Oct CRASH SEASON then thats quite rich and SHORTS would love that but I never predicted that low at all and wont now.
at 27-29 I was abused for calling 20-22 annual lows now its 18.30,

So do you want to criticise & abuse me for not being bearish enough now, LOL.

BEWARE SHORTS, the clock is ticking. FMG is volatile and doesnt stay low for long.
BURN them SHORTS, BURN !