sime ill post in here, still not much has changed except the 52...

sime ill post in here, still not much has changed except the 52 cent area has gone which is a shame.

all that i like now is the fact we found some buyers today on decent volume on a small spread candle with a higher low then yesterdays previous candle.

i know its not really that exciting, but its an excuse to stop the bleeding.

ive always said as long as price is above the 50cent area aka 50%fib on my chart Im considering that to be a sign of strength and an area I want to see hold as support in order to look for a position if we go below it the chances of filling the gap are high which means further downside and longer to wait for a position.

but in saying all of that, weve seen this gap of news and run hard, and maybe next time it may not pull back... but thats the chance im willing to take.

my risk lays with missing out on $$, something im not to concerned about.