Daily close above 1870 and Bulls are ready for 2k. Remember EW theory is a shallow wave 2 begets a deep wave 4. The ping on the fib line rang a bell for bull and found linear regression support. Another pattern formed here is an inverse H and S.
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Disclaimer
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.