Reeeeejected! Hard! Off the 50MA.
Retracement of this whole move recently, brings the 0.5 fib retracement / trendline & the 200MA into this cheeky little green zone indicated.
Can it retracement further? Sure.
Is this a likely place for support? Absolutely.
My opinion, despite all the immediate change in sentiment on here and people swinging their brown pants around like mad screaming for 3k again.....
I’m still quietly confident that things are more than ok. I’m chilled, really.
And you know what? If you’re really worried, chuck some very cheeky buy orders in on your chosen exchange laddered down to very low levels, then even if there is some sort of savage sell off, you’ll be laughing on the bounce no matter what.
Trade safe kids,
The Colonel xxx