Noticed this re-occuring pattern in the recovery... I'm not even going to attempt to predict where it will go after it converges, but if it keeps this action this is what I expect to see for the next day.
I think we'll have an uneventful day today. As china wakes up we'll see what direction the added volume will push the momentum in. We may pop out of the band a couple times, but the down trend is still being followed on all my charts.
This is the band I'm referring to, and represents most of the movement we've seen the past few days.
Since we're close to my...