One Down
One Down
UPDATE 3:08pm EST: I wish the rest of you guys would have seen the divergences in the Zero Lite today. I’ll post about it later.
Okay, at this point I’m discarding the Orange scenario – we’ve pushed up way too much for this one to play out IMHO. Probabilities are now pointing to either Mr. Blue or Mr. Green. If you are not already playing this push downwards I recommend to wait for 725ish which is the inflection point.
Not much else to say today – Gold is still driving us bears crazy – keeps bouncing back to the 925 region. It will have to breach 900 at some point, or we won’t go anywhere. There’s also a diagonal support line which now converges around 920 – if we keep climbing it up in the coming days it could turn into a major theta burner.
UPDATE 3:42pm EST: Sell, sell, sell!!! I think at this point the MMs are offering two for the price of one – can’t sell them fast enough – LOL 🙂
No, it never gets old….
