Looking at the chart. Starting to see this movement this week as a slight pullback before we consolidate around the 300 range before working higher. A lot of support and resistance
on both sides of the current price. Monday will be the tell if we hold the current upwards trend or if we break down and break out of the channel.
on both sides of the current price. Monday will be the tell if we hold the current upwards trend or if we break down and break out of the channel.
Comment:
Monday Morning will be the tell if we continue in our upwards trend or move back to 294. It seems more or less that the bulls will need to bring their 'A' game on monday morning. Closing at or below 304 during normal hours will send us back to the 300 level.