But a divergence by itself won't say when a pullback is done. So I am looking for other data to see if we are near anything important. Here is one view on the Daily chart. We are at a breakout retest line at a 38% retrace with oversold short term conditions.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEid4QXMtSnZHio2KslO3_cgppFdYYBPiH6pgfa6yVJn0IxBBQPvueIC54ZQf3yuFyCndG8_9UvfXo2cbzRGRxslLR7nM2gHmW0PX5QSTIrhsu_xUZUsSvaxafOFMT3etu-O_Xc1KYZpCzOx/s320/001-binve_02.png)
The next view is a long term weekly chart looking at lateral support 'strata'. And it looks to me that this pullback is moving right into a zone that is consolidating the breakout.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj69IZNMRNfgOpRXmc98lPMJt_7OBMm_QmYVuNyIjs8OzycgzlSVieoExFOoRilMePR8YRAgANz3Jw0-Br7x7KsDPmZK-PskwJdRipEGQmNABjymv3ZgfIahtxWuFr_uG2tD0kqocufcl7b/s320/001-binve_01.png)