Plotted is a single set of Fib Extensions based on the "Impulse". Golden fibs are the 1.618x multiples acting as "major" landmarks. Darker Blue fibs are "semi-major" ratios and lighter blue "minor".
$ 122.39 is the current major support just passed. $ 109.83 is a tired support that will not hold again. $ 89.49 is the next stop if current golden fib is lost.
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I do not use "Fibs" in the "traditional" manner (retracements). I use Fibs to plot "Ripples" (extensions) created by "Impulses". Then look for "Confluences" to map the "interference Pattern".
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