UPRO normally showing gabs more clearly then the index.
Price has made a exact 3.618 fib ext. of wave 1 and stopped at gab
I could see chop here due to low volume ending up Friday with a gab close and reaching the exact 88,6 retrace.
OR a gab close today and a bad NFP report tomorrow bringing the Gartley butterfly in play.
I will take a short at 88,6 as a low risk entry.
Safe trading ladies and gents!
@BLawrenceM
Price has made a exact 3.618 fib ext. of wave 1 and stopped at gab
I could see chop here due to low volume ending up Friday with a gab close and reaching the exact 88,6 retrace.
OR a gab close today and a bad NFP report tomorrow bringing the Gartley butterfly in play.
I will take a short at 88,6 as a low risk entry.
Safe trading ladies and gents!
@BLawrenceM