Bearish to upper 400s
Needs to breakdown below 552 to set this in motion, but a few gaps to fill to downside and upside has run its course for now.
Initial target range in coming weeks is 492-520 (point target 505)
Goal target is around 475 where it will accumulate and form right shoulder of larger accumulation structure around the 2022 low. From the right shoulder it will begin next bullish cycle to new all time highs.
Initial target range in coming weeks is 492-520 (point target 505)
Goal target is around 475 where it will accumulate and form right shoulder of larger accumulation structure around the 2022 low. From the right shoulder it will begin next bullish cycle to new all time highs.
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