The Bulls may be looking at this level and time frame. Previously the bulls took price up by 35% and 38% over an 8-9 day period. Maybe the Bulls will do this one more time over the 8-9 day period of and take us to a new high somewhere around 4780ish - note how price reached to 3460ish and failed during the first wave the second wave faulted at 4360ish can the next wave see us terminate the move at 4760ish? This is also a projected profit target of the retracement I have forecasted at the 127% extension. I think the Bulls are looking for this.
Thank you for all your kind comments.
Thank you for all your kind comments.