Since I started posting on TradingView.com once per week, I have been warning my readers of softness into the 3800 -3720 area target box. Today, I have no reason to believe otherwise. Really, my only question is when, and then what happens next?
I have a purple pathway down to the low 3000’s and as of now that remains an alternative. With the loss of positive divergences on the hourly I do believe eventually we get into my target box. From there I look to constructive patterns developing.
So far nothing has changed…how we get there is up for discussion.
Best to all,
Chris
I have a purple pathway down to the low 3000’s and as of now that remains an alternative. With the loss of positive divergences on the hourly I do believe eventually we get into my target box. From there I look to constructive patterns developing.
So far nothing has changed…how we get there is up for discussion.
Best to all,
Chris
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