Good morning everyone. I am taking a look at the 4hr this morning and I see we dropped a bit. 9k seems to be holding right now. When we slipped below the 50 MA and the cloud I had a feeling something like this may happen. RSI
on the chart is pretty low now thanks to the drop
so that is a positive sign for the bulls. This drop
put us back below the 200 MA on the daily and we are firmly inside the cloud again (on the daily) We have some support around 8500 - 8600 so watch for that if the stuff hits the fan today. The USA is waking up in a matter of hours and they will react to the drop
. Only time will tell if it will be a positive reaction or a negative one. Daily volume
as of right now is at $21,937,636,093 which is still pretty high. Lets see if the bulls can turn these candles around... WTFDIK?