bullish cycle confirmed. Will momentum push us up past 0.382 ($858.53) or does it fill gap $865 then pull-back to fill 765 area
Market Momentum could push right up to $950 before looking back ?
Daily - we are oversold, going into resistance and the 150MA (Weekly 50MA)
Weekly Indicators are all Bullish confirming June bottom.
Weekly Fib Retracement correlates with gaps above and below.
Daily & Hourly time frame show some negative divergence which could play out the CUP & Handle Pattern...
Thoughts?
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