My next target is $4100. I expect we blast through the 200d SMA ($4065) and reclaim the January top anchored VWAP ($4085) before we eventually come back down for the final leg of the bear market.
The green trendline connecting the tops seems like a more likely rejection level but my gut tells me we could move past it to convince the majority of market participants that the bear market is over.
The green trendline connecting the tops seems like a more likely rejection level but my gut tells me we could move past it to convince the majority of market participants that the bear market is over.