My 2 charts actually look pretty grim.
The daily shows that we have "rolled over" and that even though we could spike to 10.5, the next move could be dramatically lower at support of 8.5.
The weekly chart is even worse.
If the downtrend becomes confirmed, it could actually go to a technical bottom of 4.
Naturally, that second scenario would have to be backed with some pretty significant negative news.
On the positive side, markets always do the opposite to what you expect, so in a weird kind of way, I'm actually feeling pretty confident.
I know, I know....Mrs Gottalove can't work me out either
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