That's what I meant about getting a bounce off that Nov high most of the time but doesn't guarantee a big rally to new highs. Only thing one tends to get is a bounce that needs to be managed from there. Notice how March Sugar did the same thing on this chart. See the Sept high pulled back from there and was cleared with a big rally all the way up into Nov and then it sold off back to that Sept high pt marked 1st Rehab. The rally from there was a high odds trade but didn't guarantee how high as it never does. But it does have a very good track record of a bounce of some magnitude and often a gives double top back up to the last recent high from there. Just so long as one keeps their stop loss at a comfortable distance on the way back up it works out ok. A 2nd retest wouldn't be so lucky as by then the support down there is getting soft. That 2nd Rehab area isn't likely to hold on Sugar here either.