we have a short-term reversal pattern showing a possible calculated price projection of $160 to $164 - mid-point $162, and interestingly $162 was both a key support & resistance level in the prior down move.
my thought, this is valid for next couple of trading days only, the mid-to-long-term / prevailing sentiment is still down. expecting any long move to be short-lived, for now.
Let's see how accurate our calculation is.
stay safe!
my thought, this is valid for next couple of trading days only, the mid-to-long-term / prevailing sentiment is still down. expecting any long move to be short-lived, for now.
Let's see how accurate our calculation is.
stay safe!
now expecting a quick wave down.