RIght up against the side of the overall channel we've been in. You could literally reach up and touch it, but will they?
Could be artificially pushed through, but without organic force behind it gravity would just take over.
Could be artificially pushed through, but without organic force behind it gravity would just take over.
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Well, it crossed, and I closed my short accordingly. Should be an interesting week.
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When it failed to punch through 9k on 2nd attempt I did end up selling at 8900 (sorry bulls). Overall still looking positive running down the side of the grander descending channel. When this run converges with true bottom pressure, boom, real upward momentum.