Hey guys! we saw a nice EOW and EOM with a rocket to 35!
Now we can see small consolidation around the 35 level.. i think this is key to what will happen next. If we see a break of the upper side we can expect it to hit daily resistance at 36.5 or even weekly at 37. beyond that we can expect a rocket upward to clsoe the gap up to 41 ish. However the volume at this stage is not convincing of anything.. SO if we look at downward possibility we can target the pivot at 34.5ish and then 33..
Be aware that there is no confirmation of any move as yet.. so i would't advise to enter without a confirmation signal. Use multiple indicators and pivots to be able to decide your desired risk/reward ratio as well as entry points for each situation! and most of all keep a good stop loss to help you gain bes entry without losing.
Good luck all and if you enjoy this please like/comment. (Also if you dont enjoy it please let me know in the comments what you think)