Very important support comes in for GS a little lower in/around the 320’s and then 300’s. We lose those levels then expect GS to breathe down to a VERY NICE BUY PATTERN from 243-247.
That buy PATTERN is a classic.
ABCD, .618 retrace, 1.27 extension and then the “crossover” structure .. dare I say, it’s a near perfect set up.
Which, like I always mention … can and does fail so that is the line in the sand for GS and, potentially, the entire banking system. (?)
