Maybe today's early fall to 63c was that retrace "back to test the 61.5c suppt" so agree it could simply be onwards and upwards from here towards those outer Fib ranges b4 we see a chance of some "trader's" profit taking.
The good thing about today's action, given the overall market sell-off, is that LLL appears to be 'insulated' from such falls atm(as you allude too). That's a first for LLL(and indeed, FFX) for some time.
Charts, page-183
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50.5¢ |
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Mkt cap ! $605.4M | |||
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