I will keep it simple in this update and share an analysis using simple trend lines.
The current down trend lines have been established since early January and are acting as strong resistance, as well as previous broken support areas becoming resistance also.
watch closely as we creep up to the convergence point of the two current up and down trend lines.
The current down trend lines have been established since early January and are acting as strong resistance, as well as previous broken support areas becoming resistance also.
watch closely as we creep up to the convergence point of the two current up and down trend lines.