depth, page-31

Here's my current chart.

We are close to support, but also close to breaking resistance.

Like counting waves waiting for the big one out in the surf, we can see a few rollers have come in and broken.

The big wave is about due. Make sure you have a surf board!



I agree with Captains comment however - the market is governed not by people weighing risks and investing accordingly. The market currently is on a large scale governed by fear and irrationality.

The price could easily be sold back down, but this has nothing to do with the value.