In my humble opinion an open above 31.50 on a 4 hour basis rallies Chain-link up to the old high of 36.93. Contrary to that point is an open below 30.00 {on a 4 hour basis} which could drive price down to the lower Trend Reactionary number near 27.00. Always ,Always, Always watch the follow through at these points!
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The open above the minor trigger level of 31.50 moved nicely up to the next TRN, a good natural reaction occurred and gave us a 4 hour close at 31.90. The market now needs to open above 33.45 for a rally to 35.70 and the an attempt at the high of 36.45ish.
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Should of posted in the last update..Stop is the same an open below 30.00 on a 4 hour basis.