Historic Support
We encountered a dead cat at around 9k where we should of encountered the bullish trend line from the previous two corrections (don't look like much now a days, perspective is everything). Now we are testing the support/resistance of mid-October to November (upper pink line). There is a considerable amount of support here. The next support will be approximately $4,180.00. where we had support/resistance for about 2 months, starting in August to the beginning of October.
Also, all time frames are looking healthy besides the monthly chart which needs some more sideways motion.
I did post this late but it's better late than never.
Also, all time frames are looking healthy besides the monthly chart which needs some more sideways motion.
I did post this late but it's better late than never.
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