618 From the LL was respected and made a new uptrend. Complex IHS tgt was met. The 618 bounce has pushed us back up into the uptrend range.
Currently looking for the 3 drives pattern to complete with eyes on the 145 area still. Current PA is within consolidation after the 3nd drive. This should bounce as a retest around the 102 level.
3rd drive could reject around 125 to form a wider CNH pattern current CNH levels indicate a tgt around 143 while a broader CNH could give a tgt around the 155 level. Both would require consolidation around their respective 050 level for pattern completion.
Currently looking for the 3 drives pattern to complete with eyes on the 145 area still. Current PA is within consolidation after the 3nd drive. This should bounce as a retest around the 102 level.
3rd drive could reject around 125 to form a wider CNH pattern current CNH levels indicate a tgt around 143 while a broader CNH could give a tgt around the 155 level. Both would require consolidation around their respective 050 level for pattern completion.
