Neutral Zone
After a massive pump to 21k+ today, we enter the average zone. This is a time to watch and wait. We have seen pumps reverse quickly and we have seen them pump to new heights. 23.5K would be my zone for longing and around 19.5 for shorting.
I do not expect these limits to be reached so easily. Both bears and bulls will be trying to push to their respective limits. I feel we will be in this 21k zone for a while now waiting for one side to convert or give up.
We could see ups to 23k and oscillating back down to 20k, so be careful here.
I do not expect these limits to be reached so easily. Both bears and bulls will be trying to push to their respective limits. I feel we will be in this 21k zone for a while now waiting for one side to convert or give up.
We could see ups to 23k and oscillating back down to 20k, so be careful here.
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