We are entering the price zone and the timezone, although some more extension could happen and be reasonable
Comment:
Next week could be critical as the clock for the turn down is starting. Lets see
Comment:
We are very close to min initial top if not the start of multimonth decline
Comment:
Getting towards these levels into 4200s
Comment:
Reversal intact. Likely target 3500 into late Sep/early Oct
Comment:
Very good reversal and follow through to the downside this month. Sep to remember?
Comment:
Next important level on the downside comes at 3380/3400 in October. This is where it could become interesting as a potential base for a bounce into Jan
Comment:
Works like a charm so far
