Right now the trading range is between 84 and 104 and with all the recent hype people are talking BUY BUY BUY...
The main concern right now is the decreasing short-term support line. The lows are lower with every correction and this is not a bullish sign. Today was very bullish and we will see if it pushes over 98 before the end of the year. If it does then I would go long. If it falters at the 98 zone I would expect another correction down the bottom of its trading zone.
Good Luck 12/17 B4 close
The main concern right now is the decreasing short-term support line. The lows are lower with every correction and this is not a bullish sign. Today was very bullish and we will see if it pushes over 98 before the end of the year. If it does then I would go long. If it falters at the 98 zone I would expect another correction down the bottom of its trading zone.
Good Luck 12/17 B4 close