Looks like the pattern from a few weeks ago is happening on a smaller scale
Comment:
We're just at the $620 resistance, the long volume isn't strong at all though however, so I think we're gonna come crashing down towards $500
Comment:
Okay, so the downwards channel was wider than I first thought, anyway we're just at/over the top resistance of it now, however the long volume doesn't look strong enough to smash us out of the park (upwards).. but they may come if it continues, including me
I'm thinking the current last few weeks are starting to look like the market bottom in early April, let's hope the same outcome occurs :)
Okay, so the downwards channel was wider than I first thought, anyway we're just at/over the top resistance of it now, however the long volume doesn't look strong enough to smash us out of the park (upwards).. but they may come if it continues, including me
I'm thinking the current last few weeks are starting to look like the market bottom in early April, let's hope the same outcome occurs :)