This long slow grind down has to end sometime, would expect the channel to break soon after a good full waves movement.. I was hoping we'd see some major action on this all week, but all we did was make some longer consolidation trend lines.
If this recent drop is one to carry us down to lower levels - around 1800 would be a strong area to send it lower.
Though I do think once there we will make another run back up for another try higher.
Not typically a weekend player, but Ive been waiting for this game to be called!
Though a short down would be nice to hate the 1565-1575 area back up could be even better...
Happy Trading - Stay Agile