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123tom

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123tom

Re: sab63090 post# 444626

Friday, 12/29/2023 2:53:20 PM

Friday, December 29, 2023 2:53:20 PM

Post# of 462056
I agree Steve, 9.00 is a sensitive target.
We saw the pullback continue today. I think it will retest 9 next week. There's a support shoulder zone from 9.20 to 8.70 to watch and see if it settles down there.
Not sure how many days this pullback will continue... If we would have more bullish momentum starting the next rally, this pullback shouldn't last more than a few more days. I think the latest good news ought to demonstrate a stronger bullish sentiment sooner than normal, instead of seeing 2 weeks sliding sideways.
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