One more high at open and probably a bit higher. Fib measurements around 4230 area should be it if this is a "C" leg (1.618 X "A"). Higher than 4250 and likely 4300 is next resistance to be tested and then the C leg idea becomes questionable. OIl also should get to around 93-94. If it breaks 95 and holds, it could also rally hard.
Personally adding shorts slowly from today. Expecting a reversal tomorrow or Friday. Good luck!
Personally adding shorts slowly from today. Expecting a reversal tomorrow or Friday. Good luck!
Note
possible resistance here. 4220 still the area I think it gets to, but maybe not. Note
OIL 93-94 incoming. Expecting a false break like before. 
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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.