The price is right on the long-term trend line.
This is the last line of hopium for the chart.
The only thing the bulls have going for them is low internal momentum for the bearish trend. Be careful trading longs here. Tight stops if adding longs.
A break of this trend line would help validate my long-term call of $2800 from the beginning of the year.
This is the last line of hopium for the chart.
The only thing the bulls have going for them is low internal momentum for the bearish trend. Be careful trading longs here. Tight stops if adding longs.
A break of this trend line would help validate my long-term call of $2800 from the beginning of the year.