retracement to 61.3k and a break under 62.4k would be a good sign.
And would look around 61.3k, for supply weakening, and opportunities for worthen buy positions. Even tho I do expect it to retrace to around 55k as one of it's next move, it seems that the demand needs more diminishing, and a test of 66k again is highly probable if demand would keep on showing presence.
A break back upside 63k, on light supply of the level would make me aim at 64k next, and 66k on maintained demand.
*** 61.8k can be considered a more secure tp area, and I would consider 61.2k only if supply maintains
A more complete idea will be posted during the day, but will leave this for tonight in case there's a nice scalp selling opportunity emerging, since demand has been showing a considering weakening.
And would look around 61.3k, for supply weakening, and opportunities for worthen buy positions. Even tho I do expect it to retrace to around 55k as one of it's next move, it seems that the demand needs more diminishing, and a test of 66k again is highly probable if demand would keep on showing presence.
A break back upside 63k, on light supply of the level would make me aim at 64k next, and 66k on maintained demand.
*** 61.8k can be considered a more secure tp area, and I would consider 61.2k only if supply maintains
A more complete idea will be posted during the day, but will leave this for tonight in case there's a nice scalp selling opportunity emerging, since demand has been showing a considering weakening.
Trade closed: target reached