I think this could still go either way. We could resume the upwards trend from the last days or slide down to 120 to 130 in several waves over the next days.
edit: the next hour or so is critical. if we go down, this is probably part of a larger corrective wave pattern which will continue for a few days, if we go up, this was just a smaller corrective wave to the upwards trend.
edit: the next hour or so is critical. if we go down, this is probably part of a larger corrective wave pattern which will continue for a few days, if we go up, this was just a smaller corrective wave to the upwards trend.
Nice call... IMO recent selling is on high volume with slow accumulation back up... Old skoolers are cashing out...
ya and the fear of it oing below 100 soon. your prob right. the ones that have held for so long are about to sell out