Bulls moved it up, so what is next?

The bullish rally was strong and easily predicted due to good buying conditions. Normally, we would expect a minor correction that forms a bullflag and moves up higher, but the last time this happened with low volume, the momentum was lost and selling became an easier win.

Period of high uncertainty! If the rally fails to fully materialise and produce further momentum, a sharp drop in price could be on the cards.

Proceed with extreme caution!