We are in the make or break condition. 5,800 region will not/shall not be taken out taken out easily as the last 2 times, were met with rebound.
Now what we need is a strong reversal candle to firm the pull back. Wait for it if you wanna long.
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Nice. Did you follow?
We are in a decent run as the market is going as favor now.
I am expecting it will easily go to $6779 first till it meets a proper resistant.
I have close to 400 followers,, but feel I need to read other people's good TA... because I am responsible for my own followers.
(I do not believe I am always right and I look to other TA authors for 'persuasion.' And here I am, now following you.
Your analysis looks sane to me. It flows with current fundamentals, which in an immature market, have more effect than people realize.
We use a slght diff way.