BofA Merrill Lynch notes ....
- The completed, intra-day impulsive advance from 1143 (Mar-17 low) says the trend has turned bullish.
- Now, its time to buy a dip. Pullbacks should not exceed the Mar-17 low at 1143. Upide targets are seen to 1307/1345 and potentially beyond.
- We will also look to buy a break above 2m channel resistance at 1189.75.