Yr problem looking for support in a parabolic rise, is that there is little obvious support……going back in time we have the Old Hi’s from 2011 @ 600 and that co-oincides with a 50 % pull back of the recent rise…..
That said parabolic rises rarely do 50 % pull backs…or not ones that last very long……
Big picture as long as we hold @ 5000….then this mkt can run far further, as if it was all over it would be collapsing in a heap now.
