Keep an eye on these down sloping trend lines as well as these horizontals before you get overly Bullish on this bounce and or watch them as areas your playing the bounce to.
Until proven wrong and or Big enough move on volume to really jump above these and then back test and turn the $3400 range into support we are still just going DOWN.
Playing these levels as marked IMO can be profitable for short term trades especially on leverage.
Once we cleanly break and hold above the $3400 range we will have a much different picture for the Bulls.
Until proven wrong and or Big enough move on volume to really jump above these and then back test and turn the $3400 range into support we are still just going DOWN.
Playing these levels as marked IMO can be profitable for short term trades especially on leverage.
Once we cleanly break and hold above the $3400 range we will have a much different picture for the Bulls.