NCM continues to go up and 26 will be crossed soon.Hard to...

NCM continues to go up and 26 will be crossed soon.

Hard to believe for some but the price tells the only truth, minor profit taking will continue to happen as the weak ones sell out and take profits
Our convictions and belief are being tested more everyday it goes up.
The chart will adjust to some profit taking only to create new players and a push higher, ECB may not do anything but as long as market know that they can or will act anytime or when the time comes then there will be a limit of how far market can fall.

Speculators may not be game enough to bet against ECB....it may put a limit of how much spain and italy have to pay for their debt.

The funny thing is the more NCM goes higher the more new players will enter and then some will start buying at over 30 bucks only to sell back at 29.
If only it was that easy.

Enjoy the ride just remember this will not last.

Cheers,