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Answer:
The major fib lebels are 38.2, 50.0, and 61.8. Fibs aren't really used to identify an overall trend, they're used as areas of interest when a trend retraces. If you want to identify a trend you can use trend lines or the 20, 50, 200 simple moving averages. 20 on top, 50 in the middle and 200 at the bottom would indicate an uptrend. The reverers, 200 on top, 50 in the middle, and 20 at the bottom would indicate a downtrend.
