See Signposts on chart for key price action details. We see resistance hold, which represented the upper boundary range. However, it produced a weaker selloff. After a rather bullish spike higher at the end of the selloff, price failed to push to new lows. It drifted lower, which indicates that it's likely there's a lack of selling pressure. Plotted path is currently the anticipated price action movement.
Comment:
Crazy. Hit my first level and then tanked.
