INP - Rapid Moves (Update)

We may derive the following from the Daily INP chart:

1. Price absolutely tanked after our initial call (see previous linked post).

2. Price should in all probability consolidate before a potential move down.

3. It's sometimes better to sit back and watch. Wait for a good opportunity.

4. As always - maintain your risk.

Note: The views provided herein do not constitute financial advice.