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Re: mitch28 post# 40052

Tuesday, 05/26/2015 7:35:11 PM

Tuesday, May 26, 2015 7:35:11 PM

Post# of 42458
GC is at support, and clear positive divergence makes a bounce from here very likely IMO. With that being said until we cross 1214.6 it's impossible for me to call a bottom of this retrace. I say retrace because it's too early for the bottom to be put in IMO. So as long as we're above 1168.4 I'm still looking for a high over 1300. Now a breakdown below 1168 puts the 3 year bottom back in play.

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