I really would prefer this to fall to 41k but I suspect we just put in another bottom overnight at 54250
So in this scenario I see us triggering stops at 57900-58200 likely this week.. Then falling and perceiving to be weak but keeping 54250 intact.
My thought for the rest of March is the following 57950->55300->68500
I'm currently flat waiting which scenario presents itself.. 41k or the above scenario.
So in this scenario I see us triggering stops at 57900-58200 likely this week.. Then falling and perceiving to be weak but keeping 54250 intact.
My thought for the rest of March is the following 57950->55300->68500
I'm currently flat waiting which scenario presents itself.. 41k or the above scenario.
Comment:
New publication but high remains the primary focus 68500
I would however prefer a quick visit to 58500 range and a sharp drop here to 42200.
Lets see what plays out over the next little while