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Re: rekcusdo post# 23037

Saturday, 07/16/2011 1:57:15 PM

Saturday, July 16, 2011 1:57:15 PM

Post# of 30864
Well, in my opinion, the price will drop in the short-term meaning soon. How long will it continue to drop? That's hard to say but, it should be a more significant drop than 33% which is what happened the last time the weekly chart was overbought like it is now simply because the degree of the overbought reading is greater and we have clear top formation on the Daily Chart.
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