Pre-called 2802 and saw it touch today. There is strong support on upper channel trendline; doubtful we will see retest of lower channel line, barring catastrophic geopolitics.
Expect more turbulence and consolidation at this level just above support in the 2810 - 2840 area for a week or so; eventually should breakout thru strong R at 2640.
This is not advice and Im not an advisor, it's purely an educational post. Good luck traders!
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Pretty sure now we are out of the corrective wave, lol, is bulling up strong.
Target shell for this run: 25800 - 26000 on Dow, 2880 - 2900 SPX, good luck!
@fonteca, LOL it was. I gave some back today expecting a pullback and got killed on the sudden bullup to 25700+. I think it will go to 26000 now. Good luck!