Drop to bottom of the channel - Entire Market becomes bearish
We dropped to the bottom of the channel and I see 3 or 4 posts of people saying we are going to 180$. don't ya just love the weekends?!
Personally I believe we will stay in this channel and continue on our bullish trend but if we do break out of this channel we might retest 239$ and hopefully bounce back up.
We do have some heavy resistance coming up so I'm not trading right now.
Personally I believe we will stay in this channel and continue on our bullish trend but if we do break out of this channel we might retest 239$ and hopefully bounce back up.
We do have some heavy resistance coming up so I'm not trading right now.