Today prices closed above 2060 confirming a double bottom pattern. We also closed above the 50 DMA for the first time since August 26th. Next upside obstacles are a 261 Fib @ 2124, a falling window @ 2134, a Fib cluster @ 2197 to 2218, the 100 DMA @ 2210, and a monthly R2 @ 2237.
Monday, March 20, 2017
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