Price hit the RTX sell signal in yesterday's trade and subsequently dived back down to the opening level. That followed today with an opening around yesterday's close.
PPMs are down for the day but predicted to see some buying back over the next 2 days or so. After all, we did already hit low fib target 1.
So is the selling over? Judging by the PPM outlooks, I would think there would be 1 more push to the downside before we get over this selling phase. But only time will tell.
PPMs are down for the day but predicted to see some buying back over the next 2 days or so. After all, we did already hit low fib target 1.
So is the selling over? Judging by the PPM outlooks, I would think there would be 1 more push to the downside before we get over this selling phase. But only time will tell.