Sometimes, it is rather interesting to see what the reporters wrote. When you read the newspaper it is already too late. Rather useless and to the point of stupidity.
Correction, profit taking, retracement, you name it.
This shows that a stop loss and an exit plan is definately critical.
The question now is where is the support?
Try to understand this – a support is only a support when it is supported. Price action rules.
Jayson's Financial Trading 