My fearless (and probably wrong) prediction:
We will grind out a new "high low" at 9.7-9.8 or so for the next few days before any potential move up. I read somewhere recently (macrobusiness?) that symmetric wedges have a 75% chance based on previous statistics of breaking out into a continuation of the previous trend. But then you know what they say about statistics.
This comment is based upen the best trend line I can draw on the chart.... will post soon if I get the chance.bit
I regard all the chart action since the 200mill volume day a few months ago as a tree shake.
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- is the tree shaking
My fearless (and probably wrong) prediction:We will grind out a...
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