has shown a confluence of key level, a strong Elliot
cycle completing and a bullish PINbar
signal at key support, which includes the 200 EMA
& 61.8% retracement
levels. Low risk entry at a key level, with bullish
signal but counter current trend. 21st day of Daily Cycle. Likely DCL is now in place. High volume
on the pinbar
oversold and reversed, TSI crossed from oversold. This is day # 21 of the daily cycle, with day 22 being a typical bottom. Targeting a new entry at 1271 with a minimum target of 1303 within 14 days. This reversal has the potential to challenge all recent highs and blow the doors off the 1360 level. Let's see where this rocket ship takes us and who has the stamina to hang on for the ride.