On my mind last time was,
'...though I might have been tempted to look for lower prices, I'm not convinced just yet...' though I added '...bullet point remains mildly Bullish for a little while longer...though I could see it go into neutral.'.
The opportunity for lower prices was showing but my natural conservative nature held this off. As at COB Friday, all MAs were pointing down so I feel obliged to go into Bearish though with a question mark as the Medium MA has just barely turned lower and I'd like to see the action as we approach the Sep and Oct 2016 lows at 933 %. I've drawn my first larger Bearish Andrews and Schiff Pitchforks and I can see the Upper Tines of each have already provided resistance (Schiff) and also an angle of attack (Andrews). Support is currently at 941 33, 937 33, 933 %, 928 5/8(dynamic), 922 33, 901 and 896. Resistance is currently at 968, 983 5/8, 987, 990, 1007, 1016 34 - 1018 % and 1024 - 1027.
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