Ending Diagonal not over. 38 - 61% Pullback

Today we witnessed the completion of a minor wave D within the current ending diagonal pattern with a retracement back into the wave D leg of 38.2 - 61.8 percent. Price not staying below 38.2 percent would lead us to anticipate a bullish continuation to the upside to target the end of the pattern at wave E around the 150.500 area.