Price action continues to range between 9,900 - 10,500. Until the next major support or resistance point is broken, we remain neutral on directional bias.
Smaller timeframes between the 15 min and 1 hour are , but the four hour is overbought. If there is short-term price action, we could see continuation of price action on the higher time frames.
Over the weekend, we want to watch for a breach above 10,700 or below 9,500.
Bearish: If short-term price action breaks below 9,700, the next support to watch is 9,400.
Bullish: If we break above 10,700, the next resistance point to watch is at 11,300.
55% / 45%