Very agressive rally. Id say its even too agressive – obviously fueled by options market with its extreme readings today. Another bullish profile in a row and new key bullish support. Price reacted on higher potential sell level and I still think it`s worth a try.
Trend following: long 4430 (Aug 23)
Pattern: key bullish support entry.
Other Markets (updated around 18-19 NY time)
*Analysis for the next day are usually published before 18:00 NY time
**Current day analysis is available for premium subscribers. Free members can view historical blog posts.