Investors waiting for a more probable long term support zone could wait until price action retraces to the top of the channel .
This channel has kept price action in check since the early 2000/s
We only broke out of the channel when we expanded the monetary supply and lower rates to zero.
This channel has kept price action in check since the early 2000/s
We only broke out of the channel when we expanded the monetary supply and lower rates to zero.