Elliot and Fibonacci is not Technical Analysis, per se, but the TA tends to provide a compass like function. IMO, 2.75 will not hold as I said last week. The next break should come in th 2.45 range. That's the one to keep an eye on. Again, if one thinks this is going higher from here based on your own DD... then by all means act upon your own knowledge. For me... I'm sitting and waiting.