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Volcane

02/24/16 3:17 PM

#48762 RE: VSAStory #48760

Profittakers.Level of support. Ready for the run up again
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JJ8

02/24/16 3:32 PM

#48764 RE: VSAStory #48760

From T/A perspective only, the 0.27 Support(1) was broken but apparently it recovered... as of now. The next level of Support(2) is at about the 0.25 level. It will depend on the net value between the bulls and bears right ahead.

Given the larger picture, it seems a normal correction at this time. But we have time yet to get a better clue. We shall see at closing time. GLTY & GLTA

PS: The Market will confuse the majority of its intention. Otherwise, won't have a market as many will become winners. The latter is not a realistic situation, imo.