Resistance is seen at the 100MA (on the daily time frame), must break through before next rocket. We have tried numerous times to break the resistance at 7500-7700 and been denied, the bull run has been good but is it loosing steam now?
Look for a retrace from 6800-7000 where we should gain enough strength for another bull run, this time to hopefully succeed in breaking the 100MA (on daily) and the major resistance at 7500-7700.
Safe trading...
Look for a retrace from 6800-7000 where we should gain enough strength for another bull run, this time to hopefully succeed in breaking the 100MA (on daily) and the major resistance at 7500-7700.
Safe trading...