Heavy sell off to send us to a low of ~2100 before returning back within the indicated triangular pattern and ultimately above 2250 critical (buffer).
Based on this recovery a small push could be expected however the assumption is that we'll eventually break back below support.
At this point it seems like there's a good chance we could see 2k in the near future; I haven't sold for these past few days but may do so if the scenario above occurs.
Just for reference my sales so far have been @ 3500 (1/05) -> 2900 (1/20) -> 2750 (5/05) -> 2250 (?). No buy-backs so far.
Based on this recovery a small push could be expected however the assumption is that we'll eventually break back below support.
At this point it seems like there's a good chance we could see 2k in the near future; I haven't sold for these past few days but may do so if the scenario above occurs.
Just for reference my sales so far have been @ 3500 (1/05) -> 2900 (1/20) -> 2750 (5/05) -> 2250 (?). No buy-backs so far.
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