I have had time to examine the weekly chart and implications of this move today. If this low holds, which I think it might, the long term targets are extremely bullish. Here is the chart, levels, and targets:
I am staying in this for the long term move until it fails. I will focus some blog posts, from time to time, updating this play.
There always exists a bull path and a bear path. We cannot know which path a market will choose in the future. As always, do your own due diligence, read the disclaimer, and make your own decisions.
Have a great holidays! I will be back with a post around the first of the year.
Peace, Om,
SoulJester
