Starting with the Dec.01 momentum gap up (using the 11/30 Close to the Dec. 1st Open) price reached a 200% extension (outside retracement) on today's Open.
Today's Open coincided to around a 150% extension of the previous day's range, while price was supported throughout most of the day at the 50% retracement measured off of the PDC and today's Open
Meanwhile, on a broader perspective, price was rejected from trading above it's 61.8% Fib. retracement today
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