prediction for the next 3 days

Apr 15, 2020

I'm expecting to see sideways movement for the next 24-48 hours in 6675-6800 area before making a climb back to somewhere around 6975. Then i'm looking to see the death cross occur approximately Friday. I will be posting updates of expected targets as we get closer. One could assume that a play to 8k is on the table before falling back through the 7k resistance area, but without the volume necessary to do this, i'm not planning on it. We've had textbook distribution occurring in this current price range, so a sudden drop under new resistance levels is all one should expect.