Pulled back yesterday and started to recover slowly throughout the day, GDP growth figures came in yesterday and they were below expectations which gave rise to more calls of a stimulus package needed.....we know this is needed and the charts are showing that this is anticipated but we still need to see this announced.
Overall, the chart is still looking good and some red in the PM right now but as long as we are above the 200 Day MA which is on our blue line, I am not concerned and if we can hold the 200 Day MA at $89 right now, I will consider adding here again.