Interesting that we filled the October 30 gap, price of $166.15 was a comfortable floor until the latest gap fill.
With no 10/20 death cross and not overwhelming bearish divergence, I think we will get some relief this week
With no 10/20 death cross and not overwhelming bearish divergence, I think we will get some relief this week
Note
Also interesting that the gaps filled in a lowest-to-highest order. The 3 gap sizes were:~$0.50
~$1.50 = x3 previous gap
~$3.00 = x2 previous gap
Is the next gap to fill a x1 previous gap, so $3?
If so would justify would gives take us back to $170 by early next week
Note
Really ugly close but we are still in that channel...
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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.