You guys are a trip, pull up a 1 year daily chart and tell me what you see.
To me we are in same pattern as the spike in March and subsequent retace in June, except this time the full body candle was higher in August and so far we have sustained much higher lows. So are far as long term trend we have seen higher highs and now higher lows on low volume pull back.
To me this is all text book, over 240M volume on the way to .024 and so far 80M volume on the pull back that is still much higher lows than we saw in June.
From the fiscal year perspective, when the run started in January this is still on an uptrend and can pull back to .0065 and still keep the trend line intact
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