Quote from: NeuroticFish on Today at 07:45:48 AM

Quote from: exstasie on Today at 07:26:24 AM

After failing out of a 3-day mode on significant bearish momentum, I would say the odds of seeing the $20,000s again are pretty good, better than 50-50. Historically, $24-27K would be the prime knife catching area.

I'm surprised to stumble onto this here instead of.. you know, your thread... Grin

With nice pictures and such Grin

I have a couple EW counts in mind and extrapolations to share in that thread (extremely bullish, mind you) but shorter term, things are still pretty speculative, and I'd like to see a clearer structure develop before making any grand predictions. I want to wait until I see a higher degree consolidation before speculating on exactly where we are in the cycle.

Until then, it's just basic trend riding, and waiting for that sweet sweet 30-40% correction.