Lots of confluence here. It's time for a retrace...
We have reached the target of the fib .382 from the 2016 bottom
We have also reached the .618 of the fib from the march bottom
We have also reached the .618 of the fib from the march bottom
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The long term trends also signal a reversal
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We have also reached the bottom of the bullish accumulation block from last spring.
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We are also back to the 20 year trend...