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Frytown, Iowa | Right now price is playing chicken with where the first buyer is going to step up... It was a long ways down to any structure... Obviously nobody big was willing to get long anywhere up there as there was a major disproportionate risk to reward. See where buyers step up, maybe in 3.7X (dec) area and head back up to the median line. Pry get rejected at the median line so we stay bouncing around the lower half of the fork till they make it back up above trying to retest old highs.
There is still the 4.65 sellers up above. Price hasn't forgotten... Just put on a later date.
Edited by frytownfarmer 7/27/2015 22:41
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JP or other Andrews folks
