yes, i just learned about this so I am not really confident of it yet. There seems to be a lot of demand at that support level and a lot of supply at the resistance level. Your input would be appreciated
I do not disagree with this theory at all. I would suspect US markets to take a breather after such a fast run. Probably will take the entire summer, next 4 months or even longer, for prices to consolidate and await next move.