Been MIA, but this isn't what I think will happen this is going to happen. Price discovery at these level plus the unknowns of the ETF momentum, I conservatively would say 77k, 80k isn't off the table but price discovery and the sell pressure on historical new aths is tricky with extremely liquid and volatile price action. So 77k is were we are looking at the moment. There is a potential for a 68k wick on the downside (obviously), I would say it has less than a 5% chance of a retrace to those levels. However based on the test shows a lot of strength and a lot of room to move toward the upside. That's it see you on the other side.
Comment:
Trendline broke due to wick hopefully some bandaids will keep this sinking ship above water. Probability of 68k has increase to 33% Yikes! Hate watching this so much, should prolly spend time with my family.... where'd they go?