Prior price structure support, long-term trend line support, and 141.4 fib extension.
Buy zone: 5900-5500.
Buy strategy: Slowly average in; depending on momentum of selloff. If fast selloff: Wait to buy a larger percentage towards bottom, and vice versa.
Possible bounce from buy zone back up the 100 fib line to complete a pattern mirroring the prior price action before the Dec run up (represented by the yellow triangles), then down to test the 161.8 extension and prior price structure support there.
Buy zone: 5900-5500.
Buy strategy: Slowly average in; depending on momentum of selloff. If fast selloff: Wait to buy a larger percentage towards bottom, and vice versa.
Possible bounce from buy zone back up the 100 fib line to complete a pattern mirroring the prior price action before the Dec run up (represented by the yellow triangles), then down to test the 161.8 extension and prior price structure support there.