James48843
Well-known member
Chart today is active- went to a high pole warning. That's the bad news- looks like today is soft.
the good news is we're still in a bullish trend, and there appears to be several layers of support neatby. 1020 to 1030 level should become a landing point, at least once or twice here. Then we'll have to see if that holds. If it does, were due to rebound higher shortly. If it does not, then it will take a careful re-evaluation of the situation.
Here's today's chart- showing the support level around 1020, and then another support at 1000. Plus the continued bullish price objective of 1295 is still showing. That bullish price objective won't change unless we get a real breakdown here.
the good news is we're still in a bullish trend, and there appears to be several layers of support neatby. 1020 to 1030 level should become a landing point, at least once or twice here. Then we'll have to see if that holds. If it does, were due to rebound higher shortly. If it does not, then it will take a careful re-evaluation of the situation.
Here's today's chart- showing the support level around 1020, and then another support at 1000. Plus the continued bullish price objective of 1295 is still showing. That bullish price objective won't change unless we get a real breakdown here.
Personally, I'm riding the broncho here. Hangon on and thinking we'll get a rebound shortly. I could be right, I could be wrong. You do what you think is best. I'm not an expert- I don't give advice. I don't even play a doctor on TV, and I haven't slept in a Holiday Inn Express anytime recently at all.
As for me, I'm riding.
Yeehaw.
Good luck.