JEEEEZ. Did I miss this move? Do I wait for a pullback? What ever happened to retracements? Did I miss the entire move? How do I get in? this newbie just wants to make some money!!!! b
Definitely a decisive breakout, also missed the initial move too. grrr, too busy with life lately. Short term technical wise, it MAY have a little correction or consolidation before shooting up even higher. Buying opportunity on first dip.
Dip buyers punished today...in just about every commodity market. That said I think a lot of today's selloff had to do with liquidation to meet margin calls in equity markets, and that the drop has gotten a little ahead of itself. Then again, it's natty...it is a market known for showing no mercy.