Tuesday, February 21, 2017

ASI - heading down to 6114 points, the lowest would be 6100

Ever since the ASI formed a shooting star on the 16th it had pulled back to the 50% fib Retracement region. It could test 61.8% fib ret arround 6114. As such an extended pullback could occur by seeing it coming down to 6100 which is a little above the 76.4% fib ret area. ANY THING BELOW THAT could lead it to come down to test the previous low of 6065 points. That won't be a good thing.

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