by the Monthly R1 at 96, which also aligned with the SMA200. Currently
we see an attempt to reach the upper end of the Cloud. The projected
Cloud is which will add resistance at that level, 156-60 zone.
If price breach it we might see a spike with a return to the Cloud
for a retest from above, or a return inside. If price leave the Cloud
behing it will be a very strong signal and which will likely lead price
to the previous high and the Weekly R1 at 198 and 210.
If price bounce off the upper Cloud and breakout lower we are
looking at 117 and below that the swing low around 90.