Don't think we have enough power to get through the resistance. Back down we go!
Note
Let's not forget we also broke out of a similar triangle around December 22-23 and dropped around $800. Just because we broke out of a 7 month triangle doesn't mean we can't drop again to retest.Note
I believe the short will still be in play, possible after another pump up to the 8600s.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.