Yowsa!
Looks as though most of the tops have had a 'double top' in the past? I wonder if that will continue here or if we have already seen it in the Markets and it has not had time to be reflected in the Sentiment charts? Would need a failure of the Support and it becoming resistance to confirm a reversal. Could actually retrace to 8500 or slightly lower and still resume the uptrend. Will be watching both short term and long term support for a possible failure.
Good Luck Dave! :^)
Looks as though most of the tops have had a 'double top' in the past? I wonder if that will continue here or if we have already seen it in the Markets and it has not had time to be reflected in the Sentiment charts? Would need a failure of the Support and it becoming resistance to confirm a reversal. Could actually retrace to 8500 or slightly lower and still resume the uptrend. Will be watching both short term and long term support for a possible failure.
Good Luck Dave! :^)
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
