In my previous post, i mentioned how Ether has broken out of consolidation and is likely to hit $100 followed by $120. The momentum would be strong if the first breakout day closed on a positive note. Granted it did not close at $94, $93 ish was close enough. This was followed by two day of low volume retracement leading up to today's upside. I expect more green candles to come as ether pushes upward.
The S&P forecast is still intact. The market did not stay above 2400 on the first day of breakout, luring in shorts to drive it lower. Yes, it dropped 30 points overnight, but its not the end of the bull run. Another good long opportunity will present itself if it bases out around the 2342-44 level.
