I would love to believe that everything is fine, but with such a large move in the southern direction, the trend is down...... We must stay with this perspective until proven otherwise....... Everything is now lining up and I think it would be worth holding a longer term short...... 31.8% retrace 200WMA testing
If we go higher, I will probably just sit on my hands and wait for another opportunity with a more clear direction. IMO this is one of the higher probability short opportunities....... GL
Just had the same thought with another commentor.. some folks are way too eager to think we are somehow climbing back to highs... im going long on patience and watching this next week