Prices opened lower again this morning, thus leaving an overhead gap on the chart. It looks to be mostly sideways so far, and prices appear to be trying to rally to fill the gap at a minimum. Prices are still very oversold, so a rally is not out of the question, but it is also not a given either. Right now, I would call this a mixed trading range day, but prices can and might still trend in either or both directions before the day is over, so stay flexible and follow the price action.
