Price has made a shallow retracement to the .382 level and has twice tested the long term sloping trend line. As long as price remains below this level I will trade the longer term trend short.
Kommentar:
Price has broken through the sloping trend line and reached the .618 retracement level. It could turn down here but given the bullishness I am watching for a possible continuation up to test the higher sloping trend line around 146.85 level.