Market back up but was this the drop?
Was this the drop or will we drop some more?
Anything could really happen at this point, however for the shorter term I think we will see another retracement and could be another leg down, but for now I'd say a retracement since the 6 hour looks like it's about to cross to the bearish side while the higher time frames tells me it's going further up. I would expect a .5 to about .618 retracement from this last leg up which would get us to around 2050-2100 USD levels.
The road to Aug 1st is uncertain but will definitely keeping a close eye on things ;)
I'm along for the ride like a doge with his head out the window tongue flapping everywhere.
BorK!