S&P 500 Exhaustion gap up or melt up???

9 באוק׳ 2020

Note that it stopped at S/R line this morning. This is just a touch above the 0.618 fib level between recent bottom and ATH. Is it going to rally past and melt up or was this a last gasp before correction?

Close up.

9 באוק׳ 2020

הערה

At teh 1H, RSI oversold, MACD up with previous highs. Feels a lot like the end of August.