We still have the upside target of 83.79. we traded to 83.50 one day and then down to a short entry price but not thru it, to bounce and try the 83.48 high. there are multiple targets in the 84.09 – 84.13 area.
Too much risk with too little upside left; I would be flat here.
on the longer term cycles the trade is still long to the old high of 84.98 and then to 89.99.
But the daily is showing some downward pressures and a trade back down thru the 79.87 entry will take us down to 76.19.