Short

Likely 2700 retest.

Updated

Rejected resistance and will likely come back to the 2700 level through possibly Monday morning. Already broken the support line of the rising channel. Watch for the bottom and get in a long with a tight stop just in case it actually breaks to the 2500 range where the VPOC is. Both will be great buy spots and we can expect another retest of 2700 as traders sell off on the classic double top and we come back for a retracement of maybe 2900-ish and then maybe fly back up through 2700, retest it for support and move up and onwards. Pay attention be patient and make that money.

Note

I mistyped my numbers and it should read " Both will be great buy spots and we can expect another retest of 3100 as traders sell off on the classic double top and we come back for a retracement of maybe 2900-ish and then maybe fly back up through 3100

JerBear77

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