Grains

(ZCK24) (ZSN24) (ZWN24) 

Corn bottomed at a 78.6% retracement, Soybeans at a 61.8% retracement and Wheat made its bottom at a 78.6% retracement.

(TSLA)  (COIN)  (HEM24) 

Tesla bottomed at 78.6%, COIN topped at a 61.8% retracement and Lean Hogs were stopped by 61.8% and then by the Bull market end at 78.6% on 4/23/24.

There are a few basic rules when using the Fibonacci retracements with the ONE44 rules and guidelines.
 

This is the short version.

A 38.2% level keeps the trend intact and new highs/lows should follow.

A 23.6% level shows the market is extremely strong, or weak.

A 61.8% level can cause wide swings and keep the market in a trading range.

A 78.6% level can send it 78.6% of where it just came from and even be the end or start of a Bull market.

We have done 40 videos on how to use the Fibonacci retracements with the ONE44 rules and guidelines.

This is the latest.

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Our goal is to not only give you actionable information, but to help you understand why we think this is happening based on pure price analysis with Fibonacci retracements, that we believe are the underlying structure of all markets and Gann squares.

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