S&P 500 Exhaustion gap up or melt up???

By Dr_Roboto
Updated
Note that it stopped at S/R line this morning. This is just a touch above the 0.618 fib level between recent bottom and ATH. Is it going to rally past and melt up or was this a last gasp before correction?

Close up.
snapshot
Comment
At teh 1H, RSI oversold, MACD up with previous highs. Feels a lot like the end of August.
snapshot
Chart PatternsDJINASDAQ 100 CFDSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend AnalysisWave Analysis

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