As you can see the nice orderly channel was disrupted by an address from the Oval Office,
Clear break on support at the close, and breaking into a deeper channel also.
Looks like 18000 here we come and probably in short order.
A reversal around 18000 is probable, but don’t be too eager to get on board, wait for confirmation, because until then the only real direction is down.
Clear break on support at the close, and breaking into a deeper channel also.
Looks like 18000 here we come and probably in short order.
A reversal around 18000 is probable, but don’t be too eager to get on board, wait for confirmation, because until then the only real direction is down.