This is my first chart and publish so please go easy on me.
What I see is a long term uptrend crossing a medium term downtrend. In the long run I believe the uptrend will be the winner. But in the medium term I believe the downtrend will take the price to the .5 fib retrace line (somewhere between $1390 - $1420 range) in April-ish at which point the uptrend will continue.
What I see is a long term uptrend crossing a medium term downtrend. In the long run I believe the uptrend will be the winner. But in the medium term I believe the downtrend will take the price to the .5 fib retrace line (somewhere between $1390 - $1420 range) in April-ish at which point the uptrend will continue.