Market Testing Micro Support

I really do not have much to add to yesterday's analysis.  But, today we did see a pullback towards the smaller degree uptrend line, as we are holding over the initial support box. 

So, as it stands as I write this update, nothing has broken.  And, a VERY stretched market can continue to choose even higher levels to strike before we finally complete this very long uptrend.  

As I said in metals as we were striking the highs, you have to determine how much risk you want to take up here.  I really do not think the market has much left to the upside, as it has stretched so far beyond my standard expectation that I am starting to view this as a dangerous market.  So much so, that I believe that once we do break support, the downside can become quite strong.

So, for now, we remain over support, and there is nothing to get outright bearish about.  We have our support parameters, and until that is broken, upside to 7000 (I can't even believe I am saying that) remains open.