It seems like the 4245 level is holding market in a strong uptrend . Dropped down to an hourly timeframe to catch a pullback here. Due to the countertrend market structure on the hourly timeframe, I believe the market is too strong to provide a deeper pullback folding into whats considered to be an expanded flat formation. 4378 is my long entry of choice with a 25 point stop at 4353. Cut half and move stops to breakeven at 4403 still targeting the 4750 area.
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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.