WLD saw an incredible run over the last few weeks, but sadly for the bulls it found strong resistance at 1.90$. Drawing a line from the August top towards the September top and copying/pasting this line at the September lows gives us a falling symmetrical channel.
For now, I'm looking for a move towards the 1$ level, potentially even lower, especially if yesterday's ETF launch was a buy the rumor - sell the news event.
For now, I'm looking for a move towards the 1$ level, potentially even lower, especially if yesterday's ETF launch was a buy the rumor - sell the news event.
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