Case1: A failed Fibonacci line in OIL....
Case2: A upside broken Fibonacci Cluster in HIGH GRADE CREDIT....
Case3: A failed Fibonacci Cluster in Europe (EAFE)....
Conclusion:
- Not all markets are aligned yet
- Major forces fight for domination
- Volatility will rule
- Bias to the bearish case
- Weakness in Commodities will not allow green shoots over time, ie the contradiction has to be resolved
- Weakness in Europe
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