On the 2 Hour chart we can see good support here and an opportunity for a good rally up to the 1400 area. Still too soon to stage a reversal in my opinion but a better chance will be on the 900 line as this is the previous wave high point last August. So either way the volatility creates some good plays, potentially 300 - 400. Lets see if the buyers will return here and defend this crucial point.
Comment:
I mean it could go up $300 to 1300 - 1400 range potentially if buyers are defending heavily. Fully loaded... lol