RE:RE:RE:correctionThe SP now in the gap fill range as per my previous post. This is technically, a great entry point to get back in. GLTA.
IndianSparrow wrote: While it is impossible to predict the timing of a pullback with absolute certainty, we do need them for good reasons. Looking at the charts on 6 months, 1 year and 10 year ( 3 and 5 don't have enough info). We may see a pullback to fill a gap in the $8.50 to $8.00 level, possibly to even $7.75 ( the breakout in the 10 year chart). Not sure if this plays out as the RBC buyback is keeping a floor under this. Next week is expected to be super volatile due to FOMC and mid week OPEX. GLTA.
Cobalt wrote: In the last year we have checked back to the 50 ma 6 times , 7th coming? as we are overbought short term , New lock downs in China that have started could be the spark. 25% pull back from this high would get us there , also pretty much the average of the pull backs. Forums hate pull back posts , ducks and covers , toooo the Moon ;p