I know this chart is messy, but I have three major channels. The rising white channel from the beginning of the rise at the single digits, the rising red channel, which is has broken out of recently and the descending purple channel.
Yes, there will be corrections along the way, but with as crazy as this market is lately, anything could happen.
The weekly shows continued strength up to the next midline of the rising white channel.
on the weekly still has room up to the mid 90s, currently at 86.
Comments and questions welcome
Thanks for looking