Chart posted a while back continues to be valid, this is a dangerous area to trade and is likely to chop downward until the end of the month.
1500 or so would probably be a good area to look for swing longs but getting in too early is likely to result in getting stopped right before it runs upward.
There are better things to trade than this. I'm taking it off my watchlist for at least a week so I'm not distracted by false signals from it.
1500 or so would probably be a good area to look for swing longs but getting in too early is likely to result in getting stopped right before it runs upward.
There are better things to trade than this. I'm taking it off my watchlist for at least a week so I'm not distracted by false signals from it.
