The pullback to 3.48 fits nicely with the shape you want to see in terms of the definition of a retracement (1/3 min) but also just above the .382 level between 4.45 - 1.87 range, which culminates with the support level for the ascending support line (green) and above the old major resistance (now support) top of 3.41.
DJI futures looking strong atm ~500 points, so from a risk/reward perspective, the chances look better than fair we will continue to climb, with $4, $4.20, $4.45 points to watch and possibly add.
MSB Trading - 2020, page-13823
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93.5¢ |
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Mkt cap ! $1.067B | |||
| Open | High | Low | Value | Volume |
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| 94.0¢ | 204239 | 3 |
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