Price has fallen rather sharply after the test of the Weekly R1 at 11800, a level which aligned with a longer term trendline seen on the chart. Traders who wants to get in and wonders what to look for, one thing can be a break of the descending channel that has been formed on the hourly chart. Currently price is advancing back up above the Weekly pivot point and seems to be drifting to the daily pivot point at 10170. Current price action is not unnatural in a bullish enviroment. To see price pull back from the Weekly R1 and the stronghold 12000 resistance level, was expected at a first test. And even if yesterdays daily close came in below the Weekly pp, we now see some recovery on bullish divergence, marked on the chaiking osc. at the bottom of the chart. Bulls can wait for a close above the Cloud on a bullish Cloud twist or more aggressively, a break above the current minor channel. A first intraday signal of bearish pressure relief will be a hourly close above the pivot point and the high at 10140, which would create a higher high. A failure by this pp the support comes in at 9400 and the daily S1 & S/R level and ultimately the channel floor.