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Re: mike_dotcom post# 332704

Tuesday, 10/12/2021 6:58:33 PM

Tuesday, October 12, 2021 6:58:33 PM

Post# of 463525
I dont like gambling but

I'd bet you a bag of stale donuts that tomorrow bounces upward.
Or I'd rather say, that the chart picture now, has a chance to bounce...IF this support step holds ok here at 17.10/17.15 area, and doesnt fall down to retest the 16.80 bottom area. IF it bounces tomorrow, a fair rally wave has a chance to target 17.75. the next Fib target after that would be the 19.35 area.

upward looking set up possible now

But this support area right now has to hold. and bounce from here.
IF it falls down thru 17 again, the bearish bias wins the day.and maybe the week.
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