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?
My opinions only not trading advice.
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