If we really broke the long term downtrend yesterday (and I believe we did), we will see another rally soon. However it seems that, similarly to the situation in Oct/Nov 2013, we will retract to the medium-term uptrend line first. From there, if the line holds, it's to the moon.
So to recap:
- Short-term: Down
- Medium/long-term: To the moon! :)
So to recap:
- Short-term: Down
- Medium/long-term: To the moon! :)