looking at red and blue lines for support. red has priority. there could still be a challenge to purple, and under extraordinary conditions, the gold line. those would be stone cold shorts. lots of technical damage done by the sell off at 3183. for the moment. missed it by that much, chief. i was expecting 3193. still a right translated cycle, unless the hourly rsi can break that 50 rsi level. daily still a bit of upward movement is possible, but getting toppy. gradually hourly is establishing divergence in rsi, but that was expected when prior peak hit near 80. cant bank on hourly divergence.
the pattern from 2990 could end up resolving into a parallel channel to the orange/gold line. that would favor 3100.
the pattern from 2990 could end up resolving into a parallel channel to the orange/gold line. that would favor 3100.
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to the blue line it went
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moving the red line down for next target
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the blue line was it. fun on this one to play the add bars arrow