This one has potential of declining towards $ 2,400 area. The stochastic is not as yet negative, but some others are, and that is why I feel that we may only have started the decline, and not as yet completed it.
Of course, there will be bargain hunting short term, but overall, the bulls will get hurt.
Strategy SELL between $ 3,150 - 3,500 and take profit near $ 2,450. SL is a personal choice.
Of course, there will be bargain hunting short term, but overall, the bulls will get hurt.
Strategy SELL between $ 3,150 - 3,500 and take profit near $ 2,450. SL is a personal choice.
