Solar Energy ETF TAN found support at the end of 2016 at 16.50 and rebounded to above crack 19.00 by the end of February. We are seeing a bit of pull back this week, which will test the most recent bullish reversal attempt.Tan Daily Chart 3/2(click to enlarge)Price Bottom vs. ABC Correction- There is a price bottom formed after price broke above 18.50.- However as we can see on the daily chart, it could also simply be an ABC correction. - Price cracked 19.00 but is now making a price top. Key Signals:- Price broke above a falling trendline coming down from April 2016.- Price also broke above the 100-day simple moving average (SMA). If the 100-day SMA starts to act as support, it would be a strong signal for a bullish swing.- The RSI has pushed above 70, which shows initiation of bullish momentum. Now, if the RSI retreats but holds above 40, TAN would be preserving the bullish momentum and extending its bullish outlook.Key Support:- If price does retreat, the 17.50 handle is an important support.- A break below 17.50 makes it likely that this was the ABC correction scenario. - This ABC scenario opens the low around 16.50 with risk of pushing lower. - But, if price does hold above 17.50 preferably 18.00, there is upside first to 20.00 and then the 22-22.45 resistance are from June to August 2016.