Sticking with the glue analogy mentioned in previous posts. Only thing new today is that Stochastics became oversold for the first time during this trade.
So, we moved the Target up to the 50% Fibonacci retracement at 702 1/2 instead of the 61.8% Fib retracement.
The previous congestion at this price area lasted 7 days. We've been in it 3 days. So, if we have time symmetry, then we can expect about 4 more days of this chop. If that's what happens I may not post again until something newsworthy happens.
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