Seasonally supported for Buys May/June >> into July. Typical seasonal Low mid-late June (agreement across 5yr, 15yr, 40yr data). I like how this has retraced down to old Aug'15 high and rejected that dynamically (see the GF1! W graphic). I very much like the perfectly 'clean' equal highs from 2015-2023 (see GF1! weekly graphic). I prefer not to see price return...
As long as we stay above $1500; preferrably finding support at $1800; I'm keen on the idea of strength up into the multiple confluences around $2600; and into the 15th September Eth Merge event ~~Multiple Confluences: ~Eth Futures Gap (on CME Weekly chart) ~0.618 retracement level ~1.618 extension of the recent dynamic down leg ~roughly around the 50% level of...