"My charts agree with yours....
I have 50% retrace of move from.023 to .110 at .066
I have 61.8 % retrace at .056
good luck to all"
Hit my target today....to be precise.....th move from 023 to .110 was .087...
.087....divided by two = exactly .0435 (50% of the entire move from the last major bottom.)to.110 (the top)...
.110 minus .0435 = exactly .0665
....according to cCommsec Course of sales ).0665 was the bottom today
Say what you like about Fibs, but if the SP rallies from here that will have been one perfect text book 50 % retrace and (hopefully bounce)
good luck to all
XPE Charts, page-5424
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