Treggs, that ended up being a dang fine bounce off your fib.....but a bounce a bottom doeth not make. We fell out of the bottom of a descending triangle last Friday. Even li'l ol' bearish me is surprised at the rate at which we are falling below (save your fib bounce of corse).
If I have my lines in the right place for my triangle then your target of 3270 sounds about right to me.
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