Price has broken down below the warning line 1, and is now retesting the upper median line as support. It looks like price may be in the start of a range or correction, so look to see what price does at the 2542 area.
Price had multiple touches on the sliding parallel, and is now dropping. As we had mentioned many times, price was hitting diagonal resistance. Price is touching the lower blue median line, so look to see if price will hold here or drop below and continue lower to the 2500 area.
Price rose above the triangle, then has now broke down. Look at 2538 and the sliding parallel below as support. If price cantinues lower look for the middle median line as support.
Price is continuing higher after hitting the sliding parallel multiple times and breaking out of the rising triangle compression area. Price may continue to the upper blue median line and show it as resistance.
Price broke higher, but found resistance at Warning Line 2. Look to see what price does at the psychological 5000 level.
Price is rising higher fater hitting the sliding parallel and continuing up. It looks like price is compressing, so look for a move soon.
Price is riding along the sliding parallel with multiple touches. Look to see if price will continue to hit the upper blue parallel as resistance again.
Price has continued up support on the sliding parallel, and is trying to break 2550. Look to see if we will break and retest as support and continue higher, or if we will drop down to support at 2538.
Price has hit 2550 and is trying to come down again. We have had multiple touches on the sliding parallel below, so look to see a break out either way. We are currently in a bull flag formation as well.
Price is continuing to ride the back of the sliding parallel here upwards. Look to see if this will act as support and price will come back down to test the blue median line and show as support or break through.
Price hit the 2550 level again and is dropping, we are currently again near a loose retest of warning line 1. Look to see if price will hold here, or continue to drift back down towards 2452. Price is slowly building up momentum to try to break 2550, but every time we do, there is a push down.
Price has hit 2550 area and has pulled back. This is now turning into stronger resistance after hitting it 3 times and falling back. Look to see if price will continue lower and test 2537 again, and also the sliding parallel.
Price has come up to the top of the median line, and also the top of the action reaction set. Look to see if price will hold here at 2537 and try again to rise up to hit the upper median line, or if we could fall down to test the next sliding parallel as support.
Price has come down from resistance near 2550, and is moving along support an warning line 1. Look to see if price will break down further after touching 2538.
Price is squeezing higher along the trend line, with 2550 as current resistance. Look to see if we will break and go higher. Price tested Warning Line 1 as resistance as marked.
Price has risen higher and is now at near the sliding parallel which could act as resistance. This parallel has had multiple touches before and is showing good frequency.
Price has risen above the action reaction set and is now at the back of the sliding parallel that has been touched multiple times. Look to see if this acts as resistance, and if price will come back down to the median line and act as support.
Price is starting to drop lower, so look at the possible support at the trend line, or the support retest of Warning Line 1. This move has been very powerful, so look to see if we continue upwards to warning line 2.