I'm still unsure as to the higher timeframe structure but mid to lower timeframes look good to me. We are currently in an ascending triangle with bullish implications. The triangle's measured move is almost perfectly at that prior swing high. After that, our major resistance to break is around 10950 for a strong move up imo.
Comment:
The ascending tri's horizontal resistance also perfectly coincides with the 50 RSI level on the 4hr.
Comment:
also, of note, the target of this small ascending tri is the horizontal boundary of a larger ascending tri.
