I think the gap created on the 9th will likely be closed soon. after the gap closes we should see if the indicators support a continued move towards the target identified (2684.16). A breach below that target could create significant downside in a short timeframe. The 2 March low is a short distance away from 2684.16. A brach of that would create a double top.
So those are a lot of if, if and maybe ifs. I think we look to see what happens after the gap created on the 9th closes.
as always, thanks for the analysis. I look forward to your chats when they popup.
So those are a lot of if, if and maybe ifs. I think we look to see what happens after the gap created on the 9th closes.
as always, thanks for the analysis. I look forward to your chats when they popup.