The data does not lie!

8 Mar 2015

For the short term I believe there will be a retracing of about a 14.5% to 15% back to our support indicated here around the $240 dollar price range. I know there have been a few posts declaring a fall back to between $240 and $250 and now I would have to agree with this information. Granted, unless we see some major headlines on ETF's or better exchanges like Gemini coming out, I still am Bearish on the near term.