Could pull back slightly to the 52.74 or even 50.50 level where there's an open gap. My bias is very little room down then a move up to 62.48 or higher. Open gaps at key fibs. Just saying... With market weakness, this would see a sector rotation.
Possible this needs one more flush to 1.618 fib ext at 44
I'm not real sure on this one. Need more price action.. That said macd
with a higher high, so I would anticipate a move up to key fibs, then take out the lows