This publication is labeled LONG for a LONG TERM OUTLOOK. This is NOT analysis for the very short term. So, do NOT base any of your potential trades for short time frames off this analysis.
Comment:
Comment:
As I have mentioned before; is rather easy to determine WHEN we may likely have a reversal to upward or downward pressure and for how long that upward or downward pressure may last. It's a bit more challenging to determine WHERE the price action may go to during periods of pressure before reversal of that pressure. $196.63 to $203.27 might be our cap before we experience a brief dip and continue running back up to higher highs.
Comment:
A look at possible FIB RT (Retracement) Levels: