Is it Ruh-Roh Time for stock market bulls? Possible!!!
Stock market bulls might have received a very concerning message last week from numerous indices!
This 4-pack reflects that each popular index created a sizeable bearish reversal pattern at respective Fibonacci retracement levels last week.
Keep this in mind; one week does not make a trend. More time is needed to see if important counter-trend highs took place last week.
Also, keep this in mind, bearish reversals at Fibonacci retracement levels are not something that stock bulls want to see take place, during counter-trend rallies!
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