Today= Power pivot play the sp bounced off the pivot @ 5.5 nicely to find RES2 daily.. If your days trades off pivots this would have been a nice set up...So where to from here?
Set up 1 - Another power pivot push tomorrow could see sp break above 6.1 if this occurs next resistance to come into play is 6.4...
Set up 2- A failure to break above 6.1 could result in a possible double top as eric's chart suggested...
I'm going to go with the first based on my intrday m5 T/A lets see how it plays out....
