F
fibo_trader
That's caalled a dead cat bounce right?😜
Johnny, let's try this just for fcksake ..................... let's try to see where Fibo is going to be ready to SHORT Boeing again. Here's the deal. At $187.12 now and 200-ema is at $242 .................... so dig this monstrous craziness of Fibo ............ some call it brass balls, I call it dumbphuck sh*t taking undue and killer type risks just for the sake of excitement
The entire dead cat bounce analyzed by Fibo as he prepares for a Short reentry: From March 18 low the dead cat bounce is a clear, but clear only to Fibo .............. a 3-wave = A-B-C move thus far = corrective = therefore the dominant TREND of Boeing is still down.
Standard corrective wavelength is computed like this:
C = A ............. most common
C = 161.8% x A 2nd most common. So I placed "C" at 161.8% because we have alrready gone past 100%.
But we have a perfect golden ratio hit at 123.6%?? So, the dead cat bounce top could already be IN
Therefore need more time to calculate my short reentry. Right now its undecided. But this is MY analysis and I am going with it 100%