Look for a high volume trend reversal to break the current downward trend by $38K. Sundays are not high volume days so the trend reversal is unlikely today.
I mostly expected it to bounce here right around the $43,300 to $43,800.
See the prior dipping trend reversal from December for a closer look at the volume-trend reversal relationship.
I mostly expected it to bounce here right around the $43,300 to $43,800.
See the prior dipping trend reversal from December for a closer look at the volume-trend reversal relationship.
