4 Hour RSI is showing a bearish divergence but recent days have proven the RSI indicators on both 1 and 4 hour to be untrustworthy. Getting through or bouncing off of 13900 with enough momentum to break 14000 within the next day or so will tell whether this bull run will continue, or if we will slip into bear territory. Manage risk, set stops, and enjoy the ride!
Trade closed: target reached:
Move completed. 13900 held up on a few bounces forcing it down to the 13300 range. Sitting tight, for now, to see what happens before formulating a new plan!