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Hey JP or Nodak
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NoDakFarmer
Posted 12/2/2018 18:10 (#7143949 - in reply to #7143845)
Subject: RE: Hey JP or Nodak


SE ND
Price knew long ago of the failure to the downside in late July. Price will likely trade above 912. There is no structure between here and that swing high in May. The pullback fork suggests that the ML near 950 will be met. The prior swing high around 930 would be the logical place to expect price to retest as it made new lows. Albeit, very weak ones. I still think that price will need to go higher before sellers try again. This may seem unusual, but it isn't at all. Price is needing to find out what is actually factual after the large drop. The job of price remains new lows. All depends on if it will accomplish its mission, or not.

Edited by NoDakFarmer 12/2/2018 18:50
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