Sive Morten
Special Consultant to the FPA
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Good morning,
Although price has not found any support yet on intraday charts, and action looks more and more bearish, we see that this is not the end yet. If market will find support at deep Fib level - it may turn to Butterfly "Sell":
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
Although price has not found any support yet on intraday charts, and action looks more and more bearish, we see that this is not the end yet. If market will find support at deep Fib level - it may turn to Butterfly "Sell":
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
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