Weekly and Monthly starting to lineup with bullish Daily.
Monthly need to close above 7555 (December Open) for high probability uptrend over next weeks.
As of now daily trend looking pretty good but price is not at key resistance level defined by the 50% level from the swing high.
Next major resistance is very close at the November open. price siting at this level and closing above it could possibly result into test of the local high.
Don't forget everything is probability.
Monthly need to close above 7555 (December Open) for high probability uptrend over next weeks.
As of now daily trend looking pretty good but price is not at key resistance level defined by the 50% level from the swing high.
Next major resistance is very close at the November open. price siting at this level and closing above it could possibly result into test of the local high.
Don't forget everything is probability.
D7R
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