I haven't changed my view of what I think will unfold between now and the 12th June. 392 is acting like a cap, but it is at a pretty odd position - it should be at 394. I am not posting significantly because it is a major downer having someone constantly pointing out all the downside stuff - and while there has been a bit of positive stuff but, if I post a target that is up, people might treat that as a trade I am doing which would be misleading at the moment, and I am not confident that any of the patterns are trustworthy while we are in a turning phase, so it is best just to keep quiet and await a bit of certainty. Everyone already knows what I think. I will say that it has stayed higher than I expected, for longer, which is a plus for the bulls, and I note that it is still sitting in the upside channel - well close enough to it, so this is also a positive for the bulls.
GXY Price at posting:
$3.84 Sentiment: Buy Disclosure: Held