Time intervals are of course very different, but I think there's something to take away from this.
After hitting the 11400 athigh following a massive rally we are getting the waited pullback. Time to lock in some profits and wait to buy lower. At least that is what I'm doing :) When should you buy again? Looking at past corrections we observe that a 40% correction is common. That puts us around the 6 to 7.5k range, Both big resistance/support levels. Can...
Good trading opportunity. Big resistance line. Wait for it to break. Even if it doesn't now it will probably soon as it is in a nice uptrend