Scenario 1: market need another leg for breakthrough the upper resistance. In the short run, 200 days still play a key resistance. might be:
3. 180-182 (Key Resistance)
Support might be
3. 157 ( Golden Cross)
4. 147 ( Golden Cross)
Because trading weak, maybe it will follow the Red channel to test golden cross.
After confirm Golden Cross provide enough support, it might breakthrough the above key resistance.
Scenario 2: Steady, but slowly up to breakthrough the above key resistance, while it breakthrough the trading will be enlarged.
Let's see market development will be Scenario 1 or Scenario 2?
Day Trade Long
Green Box: Long-Hit.
Red Box: Stop-Out-run away.
Blue Box: Take Profit-run away.
Let's check if the 160 level could not be hold, then backtest golden-cross is a possible development.
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