oscillating above it, testing its support. The Monthly at 8470 is still
untraded and is a likely target if price breaks below the Weekly S1 at 8980.
On the H4 tf to the right price is attempting to break above the Cloud and shift
to . After testing the Weekly pp it fell and bounced off the Weekly S1
8975, which is a healthy sign from a perspective. Bulls would like to see
a strong candle to the upside and taking out of the high at 9450. This would
open up a move to the Weekly R1 at 10100. The daily pp is at 9215, which may
be tested before any upward move. A close below the H4 Cloud will signal weakness
and may trigger further losses, but currently bias is to the upside.