The path I laid out yesterday has pretty much descibed the what has happened. We should be very close to the top, if we hasn't already seen with the 127.22 high. Abreak below 126.72 would be first indication that the top is in, while a break below 125.52 is needed to confirm the top.As long as 126.72 stays intact we can't exclude a slight higer high towards 127.30 area. Longer term I still look for a decline closer to the 114.71 area.
No comments:
Post a Comment