Discover and read the best of Twitter Threads about #FibonacciTrading

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preciousmetals.my
@myprecious999
So it doesn’t look like @federalreserve can stop #2ndwave (which looks more like 1st wave doing a #FibonacciTrading 23% pullback before exploding up another 161%)

eand.co/america-surren… Image
And it doesn’t look like @federalreserve can stop the #insolvency and #bankruptcy phase... The last 6 months had the most filings since 2009

bloomberg.com/news/articles/…
Does that mean has enough justification to jump higher? Or does it need still more #QE? Or Fed to start buying #stocks? Or maybe It needs more consolidation / lower ATR?

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#QE #bankruptcy #stocks #insolvency #2ndwave #FibonacciTrading

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