The minimum objective of resuming
The minimum objective of resuming the rally Monday afternoon was 2093, and it was tested before the last half-hour. Price crept higher, while dips continued overlapping 2093. The next higher objective is 2096.50, which now is Tuesday morning”s bias-up signal. Triggering it in the morning would make a positive close no likelier than would initially dipping and then recovering. But a higher close is needed to confirm Monday”s breakout, to put into play new highs, and to prevent even a corrective dip — let alone reversing back down to new lows. That and more was discussed during the post-market Wrap, recorded here:
https://roddavid10.mitel-nhwc.com/join/mjzchww
Overnight links to the chaRTroom are here:
XP-Friendly: https://www.anymeeting.com/756-650-478
xp UN-friendly: https://roddavid10.mitel-nhwc.com/join/shkphyy
