Slowly we are moving back to 14.00 as expected.
The overall view is not changed. Short-term we likely will go south 14.00 and then expect upwards again tackling 15.50-16.00.
For medium-term players (and long-term) we are SHORT still and we add further SELL @ 15.50-16.50. The monthly chart is very overbought and still has not corrected. This means we have potential to go back 10.50-9.00 again. I suspect this may take 3-6 months.
The overall view is not changed. Short-term we likely will go south 14.00 and then expect upwards again tackling 15.50-16.00.
For medium-term players (and long-term) we are SHORT still and we add further SELL @ 15.50-16.50. The monthly chart is very overbought and still has not corrected. This means we have potential to go back 10.50-9.00 again. I suspect this may take 3-6 months.