As you can see we went on quite a run outside of the larger 2019 trend and quickly came back. If we stay w/in the band, we may consolidate here at 12k, then run up to 17k. Or we could correct down closer to 10k, and make a run to 14k. If we break below that line and it doesn't fly back in we may be looking a deeper retest. Longer term I'm still very bullish and at this point continue to hold most of my position, though I'm watching everything closely.
Trade active:
So far we are still within bounds for this trade. We are consolidating and nicely moving to the right, consolidating, etc. We got ahead of ourselves and it caused a lot of volatility here, but so far we haven't broken the channel on the downside.