Another shallow pull back but this is expected more in Wave 4's but not as much in Wave 2's but we can see that the 200 DMA and the 0.236 Fib were there to offer support and this confluence level was enough for the market to pre empt this move and start adding in early.
Comfortably into Wave 5 now and moving up to our Wave 5 Target at $720.
Remember if you are holding this from the wedge breakout at $520 then congratulations, this was a very nice gain for many of our members but do not consider selling until there is a firm rejection trying to push higher
A rejection can be seen as a struggle trying to make a new high and watching for a series of lower highs and lower lows and losing important moving averages.