We should see some continued movement to the upside to hit around 2365-72 area, around 1.618 retracement of most recent completed move. Then just as quickly as the bulls seem to take charge, I expect a rip down below today's low and ending with a wide range of bottom's before consolidating and bouncing to make new ATH's. I am going to try and play several of these moves, with heavy shorts 2365-72 area and longs beginning around 2295 and adding down to 2272 (if seen).
Note
Not as volatile as I had hoped but the levels held true. Holding heavy short from 2365 area.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.