It’s interesting to read the posts and see the level of traders here on both sides of the fence. On one side you have pure speculation trying to instill fear and on the other you have newbie traders asking others what they should do with their money. This is the OTC full of agendas, Id figure out a different trading strategy. The true problem is retail traders in my opinion.
J, this move is not done. The trend downward continues for the time being. You might get a little bounce along the way, but it won't be much, and it'll be short-lived.
There is no noticeable support until the 2's. It'll be a slow drip for a few more days anyway. Wouldn't expect anything to the upside this week.
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