At any rate, here's the overhead supply zone as posted last night:
Following a failure test of the highs, price formed a seed wave, giving 2 primary targets. I'll post an end of day update on this chart
It's a funny thing to see strong buying (as evidenced by the green volume bars) into a move, but the overhead supply concept will win out every time (initially anyway, this could be a mechanism to flush out "weak" hands and we could base and consolidate between this $97-$100 range for a while longer, it just depends on how much demand there is)....should have bought it...what a move!
