if we close below 43k we will revisit the 40k support zone. a break below 40k will take us back to 37k if we stay above the daily 200 ema and close above / gain momentum we can go back to retest 50k and possibly 55-57k where it will create lower high but we are not here to predict we are here to observe and plan according. 57k break out to the upside can take us to retest 65k and if that breaks 70-75k is possibly however I personally see and feel the market is exhausted something will have to change for me to truly believe we will see those numbers anytime soon. EOY maybe.
my mistake the golden pocket fib is around the 0.618 - 0.65 ********** ($37-38k) remember this are just LEVELS -no way to be exact on the actual $ thats why we only buy with confirmations and on the bounce back up :D
ArmanShabanTrading
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