Yesterday I predicted that we would range from $9,600 to $10,000 over the weekend. Now it looks like we are headed for a $8,400 retest. Since the price already tested that area as support twice I am not confident we will get another bounce. If price breaks down below $8,300 then $7,850 would be the next area of support. The bearish
signs are really starting to add up. I will remain on the sidelines and wait for further confirmation.
Happy trading and remember that following is free!