This is turning into a really good bear market. This condition has existed since March and I expect lower prices.
one signal i am not able to decipher still, will know it it soon, but if the signal is correct, then we should go back to the highs once trend changes. right now i am not sure if the signal is back to highs or just halfway back, but will find out in good time. should happen soon , if the signal is valid or not.
i am thinking more like halfway back or around 82.00 since this signal only appears if i zoom closely and is not as strong as other signal which takes into account atleast a week or more of trading range. Anyways will check.
What is the chance that Trump will wait until the market close to announce whatever he want to do? There might be a nice sell off at the close if that happened.
75.75 needs to be broken with conviction, they do have a major ceiling there but it is a low ceiling meaning if price extends past that then could go a lot higher. for now they are making a ceiling at 66.00 lets see, will get a clearer picture.