TD Ameritrade was in a sharp bearish correction in June. After price dipped from around $63.00 to $53.20, it started to rally again. Now we are at the crossroad between the current bullish attempt and the prevailing bearish correction swing.AMTD Daily Chart(click to enlarge)Pullback; momentum:- We can say that the dip opened up bearish momentum after seeing the daily RSI dip below 30.- Now, the RSI is back to 60. If the bearish momentum is still alive, the RSI should turn down very soon.- Meanwhile, price is testing the 100- and 50-day simple moving averages (SMAs). The rally essentially tests whether the recent bearish market will have that conviction to maintain the bearish momentum for another bearish correction swing. - Now, if price pushes above 60, and the RSI pushes to 70, we no longer have a bearish bias.- At that point, AMTD could be a candidate to buy on a dip for a bullish continuation attempt, which would first target $63, but also open up more upside. - On the other hand, if that $60 level holds as resistance for a week or two, AMTD might retreat for another bearish correction towards key support pivot around $52. - Basically, if price has not pushed back above $60, we might want to wait for downside to $52 before expecting support.- If price pushes above $60, we might not see price dip back to $52, but we should still probably anticipate support but around the $56-$57 area.