Just a few thoughts on our current position. We are looking for the potential of a bull trap and a false breakout then a drop back down to find our support level. I will be updating on Sun unless something major happens then I will update Sat later afternoon.
Honestly my opinion has not changed, we are still low on buyer support, low on volume, waiting for a change!
Stay sane guys! Things will look up soon.
Please NOTE: I am not giving financial advice, I am not recommending, encouraging or discouraging you from investing at this time or any other time. I am only presenting my view of the market based on my experiences which you need to evaluate and make a decision upon that is wise for you.
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