Is A Pullback Due Or Are We Shooting Up Into The Unknown?This pair did a nice swing buy for the entire week last time. But, according to the daily, we may be running out of a little steam just for a bit. I saw that we wicked out at the daily level, so we may be due for a pullback coming down to the monthly area around 3897.3. That will retest the last higher high and then create a continuation up if respected.
If it busts through the monthly. I'll ride it down to the daily area around 3788.3 to see if it'll try for another bull run from there.
As you can see, my BULL TP went into unknown territory. That's what I'm looking forward to in the long run. But let's focus on what'll happen this week first.
BULL TPs:
• 3960.4
• 3979.5
• 4032.8
BEAR TPs:
• 3901.3
• 3870.8
• 3851.8
• 3788.3
