I don't know about Gann's numerology theory. It could be that the fall today was more due to everyone being loaded up and all wanting to off-load at the same time than anything else.
But lets not argue on that please, all we are interested in right now is estimating the bottom and I think $14 is way too low.
Assuming zinc holds, I reckon a bounce is more likely very soon. Maybe even tomorrow! The report was great and has reset support levels IMO. Perhaps the upside from the report is yet to happen. The positive news releases might help also.
So I think shorting is risky right now and maybe the buy button is more appropriate. The dips may represent buying opportunities. What do you reckon! Both opinions welcome!
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