I had a dynamic high band today of SPI 3823.
It was exceeded slightly until late in the day.
That is important as late in any time frame you can throw the guides out the window as the next timeframe becomes more important.
The measure up from the intraday triple top was CMC 3848 and we saw 3846 at last gasp.
You would see we had a stack of divergences as price climbed but when they become too many then all that has been achieved is an overbought momementum reverting to neutral with no price decline.
Then price must soar as it did.
SYCOM will probably retrace some as longer term is too divergent.
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