No fib, elliot wave
, wxyz, linear regression
or anything needed to see this support and resistance
that occurred. Now we have to see if the bulls can rally up to break the upper support levels. Regardless we have swapped old resistance which is now support. So some progress has been made here. The question is how much power and momentum we have left in the bull runs. Never give up on something you believe in entirely. Always look at the big picture and simple picture whether you are short or long!