Now at the beginning of the previous leg down. Expecting some consolidation here. A little early to say, but there's prob a little more upside room. Gonna have to see what happens to the momentum though.
Check weekly and you'll see we bounced of a pretty big level.
We'll see if it's the beginning of a turn down, or if it will get absorbed by the up move and we'll see some sideways action.
Those levels I drew were based on signals from that supply/demand indicator I stumbled over btw. Sometime's it's just pure magic. Especially combined with s/r and momentum.