Do expect a return trip back to the 8k region for this gap to be covered.
I would go ahead and take profit there if you've been stacking your shorts. I do believe we have a double top situation setting up. Correction will resume after double top.
Short to back to 8k, take profit, open long to 8.5k region.
I would go ahead and take profit there if you've been stacking your shorts. I do believe we have a double top situation setting up. Correction will resume after double top.
Short to back to 8k, take profit, open long to 8.5k region.