R3 4,988.00
midpoint 4,894.00..target
R2 4,800.00
midpoint 4,762.00
R1 4,724.00
midpoint 4,668.00
PP 4,612.00
midpoint 4,574.00
S1 4,536.00
midpoint 4,480.00
S2 4,424.00
Above is the XJO Monthly Pivot Data.....
The Rise and Rise continues.......
Is anyone willing to call a TOP as yet.....
The Downtrend line from previous highs is also very near.....
It would be quite surprising to see 4900 taken out without a whimper from the Bewares.....
I beleive the Shorts will have to cover above this level for any decent correction to happen...in other words....a blowoff spike to occur.....
If it doesn't........
just keep accumulating on any weakness
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