EW ma's 13 and 34 making a bull cross - might indicate a BTFD at red c. But also indicating that we might only see a corrective 3 wave move up.
If corrective 3 wave up pans out it should be a 88.6 retrace.
(Making the right shoulder of an IHS at orange B)
SP did make a 5 wave down so a corrective 3 waves up making a wave 2 - could def. pan out
has broken out above resistance but still in overbought area on the 4h chart.... have to show strength after having made the red retrace... but might be coming short an start showing divergens...
As always.... time will tell
Music at work: