Price had a good move up today. Look for a retrace tomorrow. Price has broken out of the Andrew’s Pitchfork (AP) trend-line so the major move up is over. Price could still drift higher but the major move is over and I would be looking for opportunities to go short. If price doesn’t go higher than 2,600.25 then look for the target of around 2,584.
The black lines are the previous day’s high and low.
