I wrote up a bear thesis, however we bounced right off the 38% fib and it's looking pretty solid. A daily close over that level will be a long entry for me.
This would break the megaphone pattern and invalidate my bear thesis. If this doesn't happen, I still see it going to the low 20's.
Thanks for reading.
This would break the megaphone pattern and invalidate my bear thesis. If this doesn't happen, I still see it going to the low 20's.
Thanks for reading.
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