But first we pullback and let the late bears aboard... closed at the top of the white channel after testing 303 horizontal gap resistance..
Lost a nice bit on this melt up! pullback targets are 296-294 then we finish the 310 gap close.
Set a horizontal line at 303 and go back to last June and you'll see the support , Then go to Sept and you'll see the gap.
We still haven't broken out of this channel, this channel so I'd resistance is held tomorrow I'd expect a pullback to 300 then 296; after that a melt up to 310.
Imagine a Nike Check
The 1 hour levels for the RSI and MFI here is saying a 1% pullback. Vix 1 hour chart is oversold..