Mystery Chart (07-28-2020)
July 28, 2020
Here’s this week’s chart.
What we have is prices reaching their 161.8% Fibonacci Extension of the largest base in this trend and momentum diverging negatively.
Click on chart to enlarge view.
That begs the question, is this little consolidation the beginning of the end for this trend? Or is this a little pause before its next leg higher?
Tweet me your thoughts @BruniCharting or email bruni@allstarcharts.com and check back on Thursday to find out why this chart is relevant.
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Allstarcharts Team