- uptrend still intact so this is merely a correction
- next wave lower may produce a fake low but until price confirms I shall shut up (and never assume!)
- Watch for 100 DMA as potential rebound zone then the 200 DMA
- Wait for RSI to confirm the move but channel line is pretty clear
- Grey box is potential scale in to buy zone for an inverse play
- next wave lower may produce a fake low but until price confirms I shall shut up (and never assume!)
- Watch for 100 DMA as potential rebound zone then the 200 DMA
- Wait for RSI to confirm the move but channel line is pretty clear
- Grey box is potential scale in to buy zone for an inverse play