The price continued rising, which is a good signal for the further endurance of the local uptrend.
We need to point out the new level of support 1961.00 - 1966.50, which contains the large . The price is trading above it right now.
This indicator shows that 60% retails traders are in short positions, which is a good additional signal for us (trading against the "crowd").
Consider Long Positions:
Given all these factors, we may regard long positions. However, we may consider purchases only after a smooth downward correction of the price, in order to get a better entry point. A stop loss may be placed below the .
More than 300 points.
To learn more about order flow based trading, sentiment analysis and trading against the retail crowd see the educational article below -