Our immediate bottom looks to find a home somewhere above the 2.16, which falls on a historic trend line set by July and September's bottoms. This offered a very strong support on the 5th of last month and I'm anticipating it to do the same again.
From there, we could either see the start of wave 3 or a sideways WXYZ carrying us through March. Last possibility is minimal support at this trend line and further downward momentum into mid 5k.
Keep an eye on $6,500-6,000. If there aren't any buyers at this range we'll likely see 2018 ATL.
10-42
From there, we could either see the start of wave 3 or a sideways WXYZ carrying us through March. Last possibility is minimal support at this trend line and further downward momentum into mid 5k.
Keep an eye on $6,500-6,000. If there aren't any buyers at this range we'll likely see 2018 ATL.
10-42
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