has been trading between a nice downward channel
, false breaking once to retest the 11743.75 level before falling through my 50% FIB resistance zone
, now heading back to 70.7% FIB support.
looking for a bounce off that zone, 7900-7054, and a break and retest of the upper trend line
before a long position
if break of 70.7% FIB, then will consider short to lower trend line
, if lower timeframe confirms with price action