$355 has rejected for me now, so the 0.5 Fib comes into play at $313, there is a lot of support between now and infringing upon the Top of Wave 1 but bulls will want to hold the 0.5 Fib at $313 at this stage.
I am also seeing a 3 wave pull back here too which aligns with a Wave 4 pull back.
Steve Bloom
2025-02-26 04:02:12 +0000 UTC