Its been a while, but I figured I'd publish my chart. Nothing to fancy, just used some ghost bars from a similar bear movement to what we just had. Its looking like we are currently on suppot and I think we should see some short term up, but keep in mind that we are still currently in a bear market so it could break down before the move. Currently we are...
Here is one possible outcome. Comments appreciated, I'm pretty novice at this.
If we can break resistance and 875 it's likely that there will be a pretty good break out. Possible that there will be a little more sideways movement, then hopefully a break upwards. Its been a bullish day, but we'll see if that continues. If not I'll be looking for some good buy prices in the 840 range.