Still On Track to Weekly Bollinger Basis at $7,820 to $8,100.
It's also important to note the 200-Day Moving Average is hovering around my Primary 0.786 FIB at $7,820.37. So, I believe we should continue with upward pressure to at least test the 200-Day MA between $7,820 and $8,100 before we have a chance of a decent pullback. This is my opinion of course.
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A look at the 200-Day MA in the Daily TF:
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REMINDER with the Weekly Time Frame:
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