Looking at the weekly chart, market appears to have reacted to a rising wedge’s resistance this week in the form of an impulsive sell-off. While this is considered a structure, I still see a strong bull trend that, in terms of probabilities, will continue higher.
With potentially trapped bears (no follow through sell-off yet) and weak bulls that are potentially going to get “trapped out”, I am near-term above 430, and maybe 360. This thing could get FOMO’ed to high heavens! 🙂