When I retraced my fib I saw we tagged the .786 fib and bounced off creating 2 mini hammers. There is a pretty big divergence in the MACD indicator. In our volume the bulls and the bears had been asleep for quite some time, it seems as if the bulls are starting to wake up here. In our oscillator the Willy indicator was stupidly overbought. So I took myself a nibble roughly at 2700. I intend on selling half of my investment when it doubles to leave a risk free position.
This is not financial advice, merely my opinion on what I see in the market
This is not financial advice, merely my opinion on what I see in the market