Interesting that we filled the October 30 gap, price of $166.15 was a comfortable floor until the latest gap fill.
With no 10/20 death cross and not overwhelming bearish divergence, I think we will get some relief this week
With no 10/20 death cross and not overwhelming bearish divergence, I think we will get some relief this week
Comment:
Really ugly close but we are still in that channel...
~$0.50
~$1.50 = x3 previous gap
~$3.00 = x2 previous gap
Is the next gap to fill a x1 previous gap, so $3?
If so would justify would gives take us back to $170 by early next week