We saw a bullish engulfing yesterday which pointed to gains and it has worked out well. Price has advanced and is looking strong right now, eyeing the All Time High at 1379. Resistance sits at the upper border of the Pitchfork channel. There is also the Monthly R3 pivot that may act resistance. If momentum builds price may very well enter outside the channel and there is little resistance above until 1675-1700 pivot cluster. Bulls would like to see a close above current horizontal resistance and the Weekly R2 at 1383. If price fails around current highs we might see a pullback/sell off towards 1250-75 level. Below that stands the Cloud support.
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