80.25 resistance, support 77.00 ( short term trading so far from the looks of it. looking for a break of the narrow range)
The last jobs report May 3rd had a rally just like today. Then over the weekend Trump made comments on China. Markets started down for 3 weeks. All the news was negative, remember the FTC investigating Facebook on Monday.Lets see whats happens with this rally. My guess is all the news will now magically turn positive as we head into the end of Q2.
Cup and handle pattern has potentially huge upside. Remember there was a guy who basically screened only cup and handle patterns for stocks to gain huge move up.