Technical Analysis and Outlook
The next drive is the target of the Inner Index Rally $4,650. The possible retest of Mean Sup $4,485 is mid of conformation: Aggressive buying is preferred at this level unless otherwise specified. The present fractal model suggests that the next significant target of interest will be the Inner Index Rally marked at $4,650, along with the future Next #1 Outer Index Rally $4,775, and Next #2 Outer Index Rally $4,925.
The next drive is the target of the Inner Index Rally $4,650. The possible retest of Mean Sup $4,485 is mid of conformation: Aggressive buying is preferred at this level unless otherwise specified. The present fractal model suggests that the next significant target of interest will be the Inner Index Rally marked at $4,650, along with the future Next #1 Outer Index Rally $4,775, and Next #2 Outer Index Rally $4,925.