Looking at the longer term trend line, we are getting a reaction each time we come down and hit it. 3 times in the last 3 weeks.
First 2 times we've seen a pop of over 20%. This time I'm anticipating a nice pop up around 236 (or possibly finally heading to next fib level at 257.00).
It's an interesting observation, nothing more. I could just be bat sh|t crazy, who knows ;)
Be careful out there traders!
First 2 times we've seen a pop of over 20%. This time I'm anticipating a nice pop up around 236 (or possibly finally heading to next fib level at 257.00).
It's an interesting observation, nothing more. I could just be bat sh|t crazy, who knows ;)
Be careful out there traders!