We need to break above 85 early today for the bullish case to be valid.
Otherwise the daily bearishness will force the price down.
After a big up day like yesterday, giving up 30% to 50% is pretty normal, before the rally resumes.
Edit: for the record, long from 77.25, BE stop - thus I am bullish.
Otherwise the daily bearishness will force the price down.
After a big up day like yesterday, giving up 30% to 50% is pretty normal, before the rally resumes.
Edit: for the record, long from 77.25, BE stop - thus I am bullish.
