What i noticed when charting, was the number of shorts keep coming up, while we had this little bullrun. It is to my understanding that this is a ABC correction up. If it goes past 3915, i see it going further hitting 4500. But i dont really see the longgivity in this bull run. If it continues to be under 3915, i see it going back to 3200. For now we will test the bottom of the channel which needs to a valid support if we were to continue up.
Comment:
First target hit at the bottom of the channel. We will know wait for it to break or turn into a support.
