As you can see on the chart the bulls have once again failed to break out and hold their ground. The two pink lines indicate an area of support/resistance that the bulls tried to break above, failed, and are now looking at it from underneath. The next stop is $7900 and below...... (in my opinion of course)
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This is NOT another "Running of the Bulls" but instead I think it is just a "Running of the STOPS!" This volatility is crazy.
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The bulls are STILL failing to regain control.....