Bottom Line: A third wave rally is in its early stages.
Key Levels: Above 280.33, 324.90, 337.64 Below 133.74, 204.46, 231.43 Outlook: Higher in a developing third wave advance against 204.46. Analysis: We continue watching for evidence a small second wave correction is at or near an end. Key support for our outlook is 245.59, with critical support at 231.43.
Analysis: BCH has struggled, but appears to have stabilized with a low at 231.43 this past week. Breaking above 280.33 is the next upside objective for the bulls.
Comment
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