This looks like a nice pullback to a point of resistance. This could be a good entry for a climb to a new high if the market continues to melt up and we see any decent volume come in, especially since the retail sector has turned bullish this month (see XRT).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.