I uploaded this the other day to show that the count is still valid and needs to hold the blue line and the right side of the right shoulder can still move higher, so far it is performing well, the 200 Day MA in yellow is just above, this will be a big test, flipping this to support and this is a big win for the bulls and almost certain to experience more upside as this will show signs of reversing. A rejection at this 200 Day MA and the structure will be under immense pressure then.
NM
2023-05-22 19:32:49 +0000 UTC