I think this is a local downtrend to re-test the recent downtrend (upper red line) before continuing on upwards?
The yellow target makes a touch around $503 but this may be on the low side.
I'd say it is in a state of confluence!
Staying long alts for now.
The yellow target makes a touch around $503 but this may be on the low side.
I'd say it is in a state of confluence!
Staying long alts for now.