If we can break resistance and 875 it's likely that there will be a pretty good break out. Possible that there will be a little more sideways movement, then hopefully a break upwards. Its been a bullish day, but we'll see if that continues. If not I'll be looking for some good buy prices in the 840 range.
Commentaire:
Looks like we dropped a resistance range over night. We are still in a bearish channel and failed to see the buy volume we needed. Not our of the woods yet. There may yet be buy chances approaching before the inevitable break out.