Looks like both bear and bull count options are pointing to more upside. There is a possiblity that wave ii/b is not complete so there may be one more little dip but overall, the 1350s may be a target over the next several days.
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| BULL |
Some Fib extension and head and shoulders targets.
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| BEAR |
Per this count above, 1357 must hold, if not, the next best bear alternate is that five waves down from 4/2-6/4 completed and the bounce is a wave B/2 up with much higher targets not to exceed 1422.
If 1422 is exceeded, the bear count is out.
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| 50/200 DAY SMA |
The 50 day SMA looks like a good target to backtest. The daily MACD bull cross has been confirmed.
It is not posted but the upper BB is near 1350 as well.
