Wednesday, sellers broke below the key 5865 level and buyers back-tested it yesterday. As expected, we got another back-test today, which just hit. It’s still a solid resistance level—protect gains today and keep a runner if you can.
As of now: Looking for a base to form, with 5878-83+ being the next upside targets. Supports are at 5848 and 5842; if these don’t hold, sellers may step in heavy
As of now: Looking for a base to form, with 5878-83+ being the next upside targets. Supports are at 5848 and 5842; if these don’t hold, sellers may step in heavy
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