Alright folks This should be the last move up to fill the gaps between 11.6-11.8k , before we breakdown to fill the lower CME gaps sub 9k. We are going on a trendline support and i expect a move down to 10.200's ; touch the trendline and bounce of it to break the 50 Day MA at 10.472 . A break of that indicates a strong bullish momentum and price continuation as we got rejected twice on the 50 Day MA so a break of it really will be bullish. I expect 11.6-11.8K as the CME gaps always get filled and it is just a matter of time but all the HTF oscillators are bullish ( MACD -BULL , RSI 49.43 - close to being bullish , bulls above 50).
Trade closed: stop reached:
AHA looks like it's a C wave and we have the 5th wave which will take us a little more to the downside to sub 10k. Placing bids at 9700-10.000
Trade closed manually
PP