Well, here we go. This could be the first retracement for the bears to pile in on or could be the break that the bulls have been pushing for. Either way a break of recent low or high will confirm the forthcoming trend
Comment:
2510-2525 could be the high here. If that breaks we should get a pullback around the 1.618 extension around 2674. As per the chart, we're still in a congestion range and next call depends where the bulls/bears intend on showing up after the high is in place
Comment:
On target, it may not make it to 2673 and just do the pullback from here
