Market Analysis for Apr 28th, 2020
3075 region is the 123.6% extension of 3, which is a typical target Fib for the 3rd of an LD.
But the c=a up at 3160 region which also has confluence with the 138.2% Fib for 3.
2880-2860 region is now ideal support for a continued impulsive path higher.
On the Daily chart we are back to PSAR dots on the bottom and we have also broken out above the clouds.