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Intraday: huge gap down, new swing low at the open, net short overnight, bulls will have to get the buy going as soon as the bell rings or it will be a rough day for da bulls today. Patience, React, and Don't predict is the game....
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I mentioned this chart yesterday. well, it is official to me now that the short term top of sort is in place, bullish consolidation phase starts, Chopville to be had in a week to come.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
EMA20 now is the bear's last chance for another leg down.
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Possible higher low, i.e. the low might be in for today.
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So far went as expected. Probably there's another rebound to make a lower high before another pullback.
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Maybe the pullback I've been talking was over, not sure.
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