Fib + Log shows what to expect near the end of this bear.

Sep 2, 2018

Looking at key horizontal/diagonal support and resistance shows that we are reaching a critical turning point as the bear market winds down. Going above 7,500 right now is extremely bullish, while getting rejected there could be seen as equally bearish. The following week could be absolutely critical. My preferred play here is short a daily close below the green line (with stops above), and long everything above it. Good luck to all and happy trading.