$TMF is at an important level now at the 0.618 Fib, it has moved down in 3 very controlled waves now and this is where we need to see support being held above $51, so far on the first test it has held but we want to see strength now, so consolidation or a series of higher highs and higher lows next
Getting back above the 200 Day MA at the 0.5 Fib at $53.76 will be a clear indication that the pull back is complete
I will be watching this closely.
Sid
2024-10-09 22:21:18 +0000 UTCGareth Neary
2024-10-09 16:31:21 +0000 UTCSid
2024-10-09 16:27:54 +0000 UTC