its at a critical juncture the confluence of the runaway gap, the 61% Fib retracement and the 50 day exponential moving average .. It never found a lot of support at the 50% Fib located near the old resistance high.
We normally expect resistance once broken to become support and that didnt happen so all things being equal it needs to start putting a series of higher highs and higher lows or we will be looking lower for next support targets
its at a critical juncture the confluence of the runaway gap,...
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