This has retraced nicely to 0.5 Fibonacci after testing the previous high. It has since risen and found support at 0.382 Fib as well and is looking good to continue to rise now. I expect this to test the high again and create a new high at -0.27 Fib which would equal a price of 1088.
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.