Wouldn't be surprised if we dropped to 50k before we reverse to 78k or 89k
Comment:
This is still in play and could be a C fakeout.
In order for that it needs to reclaim the channel.
If it backtests and rejects we might see lower.
The big wick was an exact .66 correction from the 30k to 69k rally so technically it's beautiful.
Still bullish
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In order for that it needs to reclaim the channel.
If it backtests and rejects we might see lower.
The big wick was an exact .66 correction from the 30k to 69k rally so technically it's beautiful.
Still bullish