key level for longs to continue. Failure of that block will be bearish then and act as resistance on a retest.
it was a bearish breaker, now we are above it will be a bullish launchpad
Comments
DanLaffas
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DanLaffas
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Yep, I'd also look to take some profit at $666. It has been a strong level - both on the way down in June 2014 and just recently. I still anticipate a drop to the $480-500 area