The one day chart still shows me that we are still headed in a bounce inbetween the top and bottom of the channel. Without breaking the top or bottom, we will continue to trading inbetween here. The Price range for trading in-between the channel will be 11400 - 5700. Just because we hit the top of the channel around 11400, doesn't mean it's a bull market long term, we need to develop more support around 10500 and continue to sustain this support until we make our way to 12k and break.
The weekly chart shows the same as we trade in the .
Overall Summary, we could see a real short term bull run, but overall we are just trading in the hitting the top and bottom of the channel without actually breaking resistance or support. Bears are still in control, expect us to go below 9k and possibly revisit 6k in a few weeks. As long as the charts don't change and we keep this momentum up, we are not headed up. Summary Video, link here. https://www.youtube.com/watch?v=gsdxJQtC02E&t=5s