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Re: 123tom post# 468842

Wednesday, 09/04/2024 2:56:55 PM

Wednesday, September 04, 2024 2:56:55 PM

Post# of 519089
5.80 resistance retrace target area gets hit.
Quickly, in one day. Then zigs down to test the 5.50 area for support. Very technical looking price action now. So the math measurements are making a predictable pattern at the moment. I'm watching the battle now between resistance zone (5.70/5.80/5.90) and support steps (5.55/5.45 area)
More determined selling force could achieve another dollar down. Conversely, IF... Buying force holds strong at 5.50 area, could propel a 1 dollar climb back toward 6.50. 🫣🎱🤔
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