The selloff from highs achieved in the wee hours put the hourly chart in ‘dueling’ mode, but bulls still held an edge Tuesday night, since the rally was more impressive than the pullback that has occurred thus far. From here, with a prospective ‘C’ low at 32.480, it will take at 4.68-cent booster rally to get this vehicle off the launching pad. Traders should look to get long on the three-minute chart (or less) if the implied entry trigger at 32.775 is hit. That number would of course change if point ‘C’ doesn’t survive.
