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value1008

07/31/19 2:38 PM

#515 RE: value1008 #514

Wow, when the 2.58-61 area held up the first time today and ACST bounced back up to 2.70s, i thought we were "in the clear." This second sell-off / correction has been pretty relentless. Well, having broken the earlier support level and 2.40 level, next strong level (e.g., if you look at 15-min chart and 9dma from Ichimoku cloud chart) is 2.27-2.28.

What goes up obviously can go down. But it can also go back up again! :-)
That's the way of these markets.....