Lock in your gains and get ready.
Updated
Set your stop losses now.
If we break out of triangle, great!
If this rally does not hold up, I believe we might break lower resistance around 6200. Especially when the SEC delays the ETF again (which is what I am expecting).
Good luck be safe.
If we break out of triangle, great!
If this rally does not hold up, I believe we might break lower resistance around 6200. Especially when the SEC delays the ETF again (which is what I am expecting).
Good luck be safe.
Note
A break into 7k range would put us into sideways action from 6-10k till at least EOY depending on ETF. If it doesn't break into the 7k range, I expect downtrend into support at 6k.
I am hoping a break into the resistance at 7k but I've got my stop losses set just in case.
Note
Now the question is will the support at 6k hold up?
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