post from Friday:
update …notice the blue trend line that held as support — that is the reason (polarity) that we came back and touched it and now it’s support. that could do it for the bounce but after such a strong sell move, believe we ‘ll pop up and do another measured move UP into the low 160’s or even 170 before more selling …we still have a lot of emotional/parabolic “feelings” to work off …I expect another wave down after this bounce completes.
