Price has entered the cloud and shifted the trend to neutral on the daily tf. Tomorrow will likely also give a bearish twist in the projected cloud. However, we are now seeing a long pin-bar (Hammer) being formed, piercing the Monthly S1. ATH sits exactly at the Monthly R1 and now we are at the very bottom of the normal correction range (with a strong momentum). We need to see a close above the Monthly Pivot Point (54850) and above the cloud, to give relief for the bulls. This could also spur a buying wave and a sharp appreciation. If price close below the cloud and the Monthly S1 (48675) this may push price lower towards the 43000 level. And below that the Monthly S2/Yearly R1 (38600-37600) Note that if we see a Hammer candle close today and a close above 53000 tomorrow we will also have put in a Morning Star Candle stick pattern, wich is quite bullish. Overall, trend is Neutral and price has been supported by the lower cloud.