Whilst it’s above $238.65 the trend can continue to push a bit higher to end wave  of a large impulse wave (5 wave advance) from the Dec 2018 low. A similar pattern is also developing on Visa (V). The move from the Dec low is important as the completion of a 5 wave decline could end a much larger impulse wave (5 wave advance) from the all-time low made back in 2006.
An impulsive decline below $238.00 – 235.00 would be the first sign to potentially argue the upside for wave  had ended. The large RSI divergence on the monthly is also supportive that the current rally from the Dec low is likely a 5th wave of an impulse wave that started from the 2006 low.
The clear patterns on many stocks from the Dec 2018 low can also provide clues to the INDU and SPX.
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