As mentioned yesterday, 1220 was a critical level for the Bulls. Price is currently pushing through the heavy resistance at 1231.50 and coming up on the 61.8% Fibonacci at 1235.00.
This may be the breakout I've been looking for even though 1185 was not tested again.
Let's see if these gains are held past 11:00.
If this is the break out then 1253 would be my first target with a final target of 1280 to 1325 near the end of this month or the beginning of November.
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