I believe this most recent rally running out of bullish momentum. A lower low is expected before continuing long term bullish structure.
A move down to $2000 could see buyers come back into the market.
As we failed to break and hold above $2400 level, we may see price dip down to the low 2000's.
A move down to $2000 could see buyers come back into the market.
As we failed to break and hold above $2400 level, we may see price dip down to the low 2000's.
Trade closed: target reached:
Big movement to the downside today. I exited near 2250.