$DIS TOP 20
Added 2024-06-23 17:58:42 +0000 UTC$DIS bounced out of the sweet spot between the 0.5 Fib and the 0.618 Fib this week and did not need to test the 200 Day MA before doing so, which would have made this confluence level abundantly obvious.
Bulls need to watch for a hold above the $101 level now on the 0.5 Fib.
There is a strong possibility that this ABC correction is complete so we are watching to see if $DIS can move in an impulse manner now and if so, can move a lot higher than its previous high at $124.
I need more price action to determine what is next and that the ABC correction is complete but a relief bounce higher now is certainly due either way.
