A quick update here to bring your attention at the fact that price just tip-toed and rallied from a long-term momental line. The recent bearish outlook remains intact here, although a reactive rally remains a possibility, keeping in sight the overhead resistance line which has been in effect since last November.
Cheers,
David Alcindor | 4xQuad.com
Cheers,
David Alcindor | 4xQuad.com