May 17, 2016
Well corrective moves often make look like a fool. Back to the flat correction... the move higher is an impulse which found resistance at MA200. Impulse means there will be more to the upside... probably brief pullback to the MA50 and another leg higher. If a rally to new ATH has already begun it will stop for a brief pause around 2100-2110 and continue higher(green). I think we are still in a correction(red) but trading is easy if you see a shallow pullback buy it and we see what happens.