Two big sto divergences on the daily on last two highs. Would't be surprised to see a retrace to low 2700s or below
Very possible. --and it could do that and maintain the longer term uptrend. Right now, I believe this is pullback in an uptrend.
I took a buy signal on a short time frame but used a longer time frame stop. It was experimental and cost me some money, but I was able to glean info from it.
The break above did not have the follow through potential that I look for. I am now looking to place a short term day trade long if we can break above 2745.