Open order stands as GTC for now.. should they decide to run the early longs. Buy Limit 2310.25 x 20c
We'll need to get above 2387 and have follow through to get this short term downcycle busted for a while. Whether or not in a bear market remains in question as we have seen no follow through selling yet on the correction. With the X Drive now complete, it should give ample opportunity for good trade showings .
I am calling for this move to get us back up to the 2530 area eventually (perhaps quickly) and that is where the rubber meets the road.
This area and 2500 should provide resistance on the way back to the 2530 area. The first order of business though as I stated earlier is to crease 2387 and have some follow through which I believe will occur.
OK 2390---that's enough upside for just a bit. Let's cool down and regroup. I don't care if we head higher right now, but I would rather have it a little more orderly.