.29/.30 is resistance on the long term trend line. Some technical traders might have sell orders at these levels. Once .30 is breached we will have a new support in place! Nobody knows how fast that technical reversal will happen but judging from all the clues we are getting it might be sooner rather than later. I'm a long term investor and since my estimate is that we are just beginning to get back into a long term uptrend channel I certainly would not sell at these levels. But people have different time horizons and objectives so I'm certainly not giving any advice to anybody here. Just stating my opinion.
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