Good chart thanks. Some have been saying this and I also agree
nullcomplex
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@Napoleon_Carnegie, We still haven't touched that descending trendline keeping us for 6 weeks. And we seem to be bounced down from .382 at the moment. If we break .382 we go up. :)
Napoleon_Carnegie
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@nullcomplex, True, maybe I'm wrong but I think we have to go down in order to spark a true bull run.
subsanity
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@Napoleon_Carnegie, That's true but touching the 6.8k levels would be good enough to bounce to ~9k
Napoleon_Carnegie
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@subsanity, I can see that happening which would be frustrating because I believe that inevitably we need to drop below 4k which continues to be delayed by these bounces.