Hello,
Short and Simple. Should see a slight drop over the weekend down below 9,2K or a little lower. Support sits down around 8,800 which will allow us to move into the week where volume should increase and price should slowly move back towards a possible breakout. It is apparent that we are still in a downtrend due to the breakout not occurring. However, the market is consolidating right now which is a healthy sign. Everyone always gives possible scenarios so they can always state they were right. The hell with that, we are calling it. Slight drop but not as bad as the crazy's are trying to predict.
Short and Simple. Should see a slight drop over the weekend down below 9,2K or a little lower. Support sits down around 8,800 which will allow us to move into the week where volume should increase and price should slowly move back towards a possible breakout. It is apparent that we are still in a downtrend due to the breakout not occurring. However, the market is consolidating right now which is a healthy sign. Everyone always gives possible scenarios so they can always state they were right. The hell with that, we are calling it. Slight drop but not as bad as the crazy's are trying to predict.