OK, so what are you looking at here? We have fallen through many lines that technical analysts might use to define support. Almost all diagonal trends (except one very long one not shown here) all the key moving averages and some horizontals.
Where we are at now is THE support horizontal. I'm laddering in here. If it doesn't at least bounce from this zone then TA is nonsense and it's going to be a painful Q1.
Have fun!
Where we are at now is THE support horizontal. I'm laddering in here. If it doesn't at least bounce from this zone then TA is nonsense and it's going to be a painful Q1.
Have fun!