RSI is getting a little hot on the hourly though. Tmrw or Thursday we could see a pull back to at least test this s/r line to confirm its now support. Wouldn't be surprised to see 219 minimum first with us currently at 217.73 A/H with this break of the resistance.
Looking to go long once confirmation is had. If it crashes below and holds, we could be looking at a temporary trend reversal (on this I might target 215.07 - 212.44ish for looking to go long depending on volume of selling and momentum). Daily RSI isn't super overbought so I'm personally expecting possible gap up, float around/down, retest and flip back up after a few hours. we'll see how it plays.
Looking to go long once confirmation is had. If it crashes below and holds, we could be looking at a temporary trend reversal (on this I might target 215.07 - 212.44ish for looking to go long depending on volume of selling and momentum). Daily RSI isn't super overbought so I'm personally expecting possible gap up, float around/down, retest and flip back up after a few hours. we'll see how it plays.