Some excellent ongoing commentary over the holiday. So the head and shoulders looks closer to playing out?
You are viewing a single comment's thread from:
Some excellent ongoing commentary over the holiday. So the head and shoulders looks closer to playing out?
We probably need a bounce and a day or two or price action above 16k to get a real right shoulder. It could possibly happen still but as of right now has not formed.
As of right now all I am focused on is getting above that 15.3k level again and maintaining that trendline on the downside.
I'll be honest though, a sell-off to test 10k wouldn't surprise me. Here's hoping we rally above 15k instead.