Still holding this overall rising wedge/bear flag-type structure with a micro descending tri inside at the moment. 200 hourly MA holding as support.
Comment:
still waiting patiently to pick up more spot as we move lower. Anticipating a potential move toward the 3.3-3.5 area before we take off on multi-year bull run.
Comment:
if the lows do break I'd expect a move to around 2.2, possibly as low as 1850ish or ~1300. Personally I'm expecting the 3k lows to hold, though