IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
Fibonacci retracements can be great gauges of support during corrections
For the FAANG+M Index (FB, AMZN, AAPL, NFLX, GOOGL, ,MSFT), a decisive breakdown below the 38.2% retracement of 2020-2021 uptrend would target the 61.8% retracement