A precise stall at the midpoint has validated the bullish pattern shown, but the futures will need to rip through it on the next thrust to become an odds-on shot of reaching its ‘D’ sibling at 28.765. That would be quite a rally, but it would also generate a fresh impulse leg on the hourly chart, promising more of the same. Accordingly, I’ve set a screen alert at 28.745, since this is one very bullish signal I do not want to miss.
