Now the question is who will exhaust themselves first. In the very short term (meaning today) it seems that in these standoffs the bulls exhaust themselves and the bears win. So if history repeats itself we finish in the high 1.60's today. But in the long run that's ok because once we get past it there is no gap to back up and fill. We are on an upward trend and still firmly believe 3.00 is not too far off.
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