I think today we have a better idea of the short term future?
I have put in both scenarios with fib lines as suggested by a fellow charter.
Technically short, if it goes higher I would look to buy in once it breaks the upper fib line around $505.60 as this would confirm the continuation of the Bull Run. If on the other hand it breaks down to the bearish side I would look to buy back in at the lower fib line $323.50 as support would be strong here!
I have put in both scenarios with fib lines as suggested by a fellow charter.
Technically short, if it goes higher I would look to buy in once it breaks the upper fib line around $505.60 as this would confirm the continuation of the Bull Run. If on the other hand it breaks down to the bearish side I would look to buy back in at the lower fib line $323.50 as support would be strong here!
Comment:
Well broke early so see how the 4 hour plays out to see whether goes lower on this leg or not?