HUI, 1 Gap Down…

How many more gaps to go?  The thing came within 1.89 of the general target (275).  Today it’s dropping to fill a momo gap.  There could also be more momo left on the upside (allowing for 280, 290 ish) but… how many times have I written the jargony sounding ‘momo’ lately?

It’s an unhealthy market right now from a sentiment standpoint.  What has created the last 2 gaps at least is panic buying.  One of them got filled and now we will see what happens.  But a look at GDX does not show any sort of high volume reversal so this could just be a one or two day hit.

hui

Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates and NFTRH+ chart and trade ideas or the free eLetter for an introduction to our work. Or simply keep up to date with plenty of public content at NFTRH.com and Biiwii.com. Also, you can follow via Twitter @BiiwiiNFTRH.