We aren't necessarily making any predictions, just highlighting the most obvious support and resistance
we could find, while outlining our general trading trading strategy of buying near the long-term .618-.786 retracements, selling around the 1.27-1.618 extensions. If it holds support on the steepest green trend line
, we believe that would be quite a bullish
sign in the short-term. Looking pretty good so far, but there's some significant resistance to face very soon...