Two Fibonacci Regressions plotted.
One from the minimum of March, 13th 2020 (Long term)
One from the local minimum of June , 22nd 2021 (short term)
Long term 61, 50 and 38 levels are almost exactly the same as 38, 23 ans 0 levels of the short term fibo, showing strong buy levels (if you think that the bull market has not ended yet)
One from the minimum of March, 13th 2020 (Long term)
One from the local minimum of June , 22nd 2021 (short term)
Long term 61, 50 and 38 levels are almost exactly the same as 38, 23 ans 0 levels of the short term fibo, showing strong buy levels (if you think that the bull market has not ended yet)