Not all doom and gloom just yet. A pull back to this level 10.5...

Not all doom and gloom just yet. A pull back to this level 10.5 to 12.5 range is all good tat the moment. the 89LRG is holding and has. been pointing up for almost a month. technically she's holding. Still needs to break the 12.5c - 13.5c on a daily open and close above those levels on the short term.

A weekly close below 10.5c will likely see this consolidation period extended. Currently as she stands I am looking at another 3-5 weeks of consolidation between 10.5 and 13.5. It's an open a close above 12.5, preferably 13.5, that will help a new trend form.

DYOR = waiting in the wings for the optimal entry.