What could be the short-term reduction goals, I thought and tried to find combinations of Fibonacci levels and regular levels again.
The first targets were 120.5 and 106.5 ....
99 or 100 as a level I don't like, but the round value of the hundred that everyone is waiting for.
I also wondered where we were going if there was a drop below $ 100, then the answer was levels 82 and 68 (yellow Fibonacci grid)
So the first TP is 120, then 106 or 100 (106,5 looks better). The goals after 99 are the "apocalypse" scenario and the Fed rates are ∞%👹.
(You can watch pivots woodie, traditional, fibonacci yourself. In the first case, the levels and reduction goals coincide, in the second and third we break through S1 = negative)
The first targets were 120.5 and 106.5 ....
99 or 100 as a level I don't like, but the round value of the hundred that everyone is waiting for.
I also wondered where we were going if there was a drop below $ 100, then the answer was levels 82 and 68 (yellow Fibonacci grid)
So the first TP is 120, then 106 or 100 (106,5 looks better). The goals after 99 are the "apocalypse" scenario and the Fed rates are ∞%👹.
(You can watch pivots woodie, traditional, fibonacci yourself. In the first case, the levels and reduction goals coincide, in the second and third we break through S1 = negative)