I'd like to see it drop in hope of a nice big mountain climb to follow. But, who knows...the markets are anyones guess right now.
Comment:
Ooof! Broke through faster than expected there, Folks. It looks like it wicked down to find exactly where the resistance zone as it begins wokring on whatever new patterns we will see unfold as the days progress.
This is currently a strong down trend on the daily so I would not be making any bets on the upside - at least not long term. Scalpers can definitely have fun in the current market conditions. Remember, play it safe. Set logical targets and stopl losses if you are trading in the markets at the moment.
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This is currently a strong down trend on the daily so I would not be making any bets on the upside - at least not long term. Scalpers can definitely have fun in the current market conditions. Remember, play it safe. Set logical targets and stopl losses if you are trading in the markets at the moment.