Also see weekly chart.
Could start up from here but I suspect there may be one more drop to a .62 to .78 correction before we hit "b" and the next up swing begins. When it does I would put the up target at about 20-25 where there is a lot of overhead resistance.
Note positive reversal in the daily RSI. May be forming a bullish divergence to follow.
Could start up from here but I suspect there may be one more drop to a .62 to .78 correction before we hit "b" and the next up swing begins. When it does I would put the up target at about 20-25 where there is a lot of overhead resistance.
Note positive reversal in the daily RSI. May be forming a bullish divergence to follow.
