By the action, it looked like a second attempt to release the vultures and give another short attempt to break that .61, which of course failed. Price recovered some by close with some minimal buying. I think there is still some covering to be done by the higher risk participants.
As I look into my crystal ball...... lol, anyways, I would expect to see some positive action and a nice rise in PPS to close out the week. Technically, all of my indicators, which are sitting on the bottom, are now turning up. Good chance we hit those analyst projections.
I still feel completely comfortable with my position.
-Doc
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