| Hi maydel, For me, it wouldn't be surprising to not reach the ML on that fork ...Price didn't reach it on the last push, telegraphing the weakness. The failure to the UML, is about the same as the overshoot of the ML. Also, for me, that fork is too much information for my simple mind to handle. On a 60, I am going to want to keep it in closer,...just me though. I have nothing bearish to say really. Sellers tried smacking in on the high today, but with that gap below, and the nice move out of the hole, I got nothing but higher prices on my mind on that chart anyhow. There wouldn't be anyway for me to get a Risk/Reward to work with that gap in the way, so no sense even looking. I, like many others, am watching the 14.90 to 15.00 area. People wanting to catch up on sales should consider doing so at that point..IMO. I think sellers will show up back in that area, but for now, I still think we stuck in a major pivot.....Open to new information though.. |