The 1 hour channel clearly didnt hold over night and there has been a big sell off since. Currently we are testing the daily trendline starting from the 6k level back in February. It is currently a support line for a potential cup and handle pattern. IMO the bulls need to close this 4 hour candle above 10500 and and maintain that support line to have a possibility of that continuation pattern happening. Otherwise we are likely heading further down into a daily EQ pattern.
