We are making closes above the cloud on 45min and 1hour Charts. 2Hour chart is making closes inside the cloud. These are for the first time since we drooped from 6.2k. Volume is supporting. Shorts are over leveraged. I closed all my shorts at 4K. Suggest you do the same. We will go at least to 4.5k but more likely to 5k and maybe to 6k.
Comment:
Expect pullback to find support at 4k-3.9k area. This will be a good buying opportunity. If you want to long