
Prices are trending lower so far this morning. Note that prices traded down to the lower upsloping trendline and turned up off of that point, so maybe prices have found a bottom for now? That does not mean prices will rally today, although they could before the day is over. It may just mean that we have a bottom in and prices could still chop around sideways the remainder of the day. Just follow the price action and stick with the downtrend until the chart shows us otherwise.


