Freaky Friday so expect some crazy action today. We failed to close above the 155 zone i mentioned but also we did not really have a bearish day....so for now PA is still kinda finding it's feet.
Bicos i remain a long term bull..i'm more inclined to buy any dips..than sell...@ this zone...even if i get stopped out. On the smaller TF if we close below 152.50 then we probably go to 150.
To be honest..technically this looks like another shake out at a critical zone..so if you have tight or standard SL you are likely to get stopped out..i think the shaking is almost over at the 152.50 zone..if we get a 4HR close below this level then we might see 150 and that's another story.....
For now i remain bullish bias....
Happy pippin and enjoy your weekend
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