2/5/20 Retrace or More?

5:20am EST. Well, a decent positive divergence is what it turned out to be and if you look at the origin zone marked 'X' on the chart- this is approximately where the decline began as far as the MACD on the 4hr indicator so it is normal for that to be taken out. If this is something more then we will probably see that soon enough. We are still watching for more indications. With this move in prices the VIX needs to hold somewhere above 15 to keep the retrace viable at this level so we will be watching that also.

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