Well My friends here we are exactly where we should be and this chart explains "The Long View."
While I've seen a lot of charts posting 50k I've been waiting and bidding my time for big moves for 600% gains. I don't play games and I don't post a new chart every hour. I believe in the short term we could see a retest of 5,800ish and bounce off it. We won't go straight down they'll be some bounces along the way. I believe we could possibly ride a trend line around $5,400 before another eventual drop. Shortly we should see the an eventual seller exhaustion for the time being. If you want to know where the smart money will be buying I've mapped it out here for you based strictly on the volume profile and some other factors.
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