We are hitting some major resistance levels as well as fibs for shorts.
As long as we don't make a new high or break 6000 soon, we going down.
That 3100 low needs to be taken out in order for serious buyers to step in.
As long as we don't make a new high or break 6000 soon, we going down.
That 3100 low needs to be taken out in order for serious buyers to step in.
Trade closed: stop reached:
Idea invalidated. Looks like it's pushing towards 6800.
5250 should act as strong resistance now.