This is for personal use and future reference but I don't mind sharing, make what you want of it...
Break above 6187 gives way to 6800 and beyond that re-test of former major resistance zone and all-time high.
Break below support zone (6100-6000) gives way to more recent lows, retracement levels are 5726-5294-4861.
Brexit referendum might be what's needed to either break above or below recent S/R levels, or we could just continue ranging for a while...
MACD lower high and thus divergence at the all-time high, currently below 0 but low momentum, need to check lower TF's...
RSI currently bearish but nothing conclusive, need to look at lower TF's.
Stochastics oversold and currently ready to cross so possible long retracement coming, longerterm oversold levels could continue for a prolonged period though as can be seen if looked left (these were crisis situations however...).
My longterm bias remains short, possible shorter-term rally or ranging excluded.
Break above 6187 gives way to 6800 and beyond that re-test of former major resistance zone and all-time high.
Break below support zone (6100-6000) gives way to more recent lows, retracement levels are 5726-5294-4861.
Brexit referendum might be what's needed to either break above or below recent S/R levels, or we could just continue ranging for a while...
MACD lower high and thus divergence at the all-time high, currently below 0 but low momentum, need to check lower TF's...
RSI currently bearish but nothing conclusive, need to look at lower TF's.
Stochastics oversold and currently ready to cross so possible long retracement coming, longerterm oversold levels could continue for a prolonged period though as can be seen if looked left (these were crisis situations however...).
My longterm bias remains short, possible shorter-term rally or ranging excluded.
