Above is a Daily chart of how we closed the day. Notice we closed above the 20sma (thick, green, curvy line). We haven't cleared it very much, and tomorrow we could reverse, but for now its looking good. We also got our ADX bullish cross and Stochastics are still low.
Given these things, and the discussion in my previous post, we're on our way to a nice trade. You can see the targets in the comment box on the chart. Our target is the .618AD3 retracement at 260.11.
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