Looks like we're going to get the high level fills on this. Has tried a few times to break but holds up. Probably still got some more momentum to it. Buying 50,400 and targeting 51,400. Looking to fill a lot more short orders into the 51.5 - 52.5 zone. See comments in linked ideas.
Comment:
Further supporting the spike higher being the more probable is we're not yet completed an AB=CD. For CD to become equal to AB, we need to see a 4K swing in CD. We're 2K deep. So maybe another little blow off. The butterfly pattern typically will end in the AB=CD. So the next spike would typically be terminal for bull moves.
Comment:
Stops to even (current price 50,800) The train should be well out of the station by now. Heading to the limits.
