$LLY
Added 2023-09-23 15:55:52 +0000 UTCLast week I updated this and said that it was stretched and expect a decline, I know our sharp traders were on this quickly and this is already down -10% in a week.
We highlighted before that the 4.618 Fib has not been breached before and $LLY is no exception....in spite doing everything right and being in the right industry for the last few years.
Next test will be at the 50 Day MA at $522....and there may be a relief bounce but I do not expect this to hold either and expect this to gradually move down over the next few months.
Comments
is that correct that wave C is in 2025? so this is charting a decline over the next few years?
JessyyRabbit
2023-09-25 16:34:50 +0000 UTC
