$Avg is trying to stabilize after the pullback from the local high… I’m looking for a relief-bounce long if support holds.
Entry: 371.0 - 371.8
Stop loss: 370.4
Targets:
372.2
373.0
374.4
Trend is still weak in the very short term after the rejection from 374.47, but buyers are trying to defend the current support zone.
If this range holds, a short-term recovery move can be strong.