In yesterday's post, I indicated that $2600 was the level to beat. We bumped our heads twice at or near that level. Now we also can see the middle of our Bollinger Band coming into play to help act as resistance at this level. $2600 is still our level to beat. After that, another big resistance at $2760. Until then, I advise a fair amount of caution to be exercised here. If we don't beat these levels, it could turn bad quick. However, as long as we remain inside my green channel, I'll remain optimistic and long.
Yet hidden bearish divergence showing up on 4H.
SMA(20) sitting at 2616$.
I wouldn't rule out amovement towards 2450$, bottom of this channel.
Close call, we'll see.