mark an alert for these 2 areas for a short using a stop above the levels
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.
this looks like selling pressure coming in , bonds are in their buying zones also shorting and stops above 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 to try to break resistance on the sliding parallel. Look to see if we can break it, or if we will fall back down to the lower blue median line.
After hitting the sliding parallel multiple times, price is now moved up a bit again onto the warning line 1 as support. We are compressing a bit here and also on the 240 chart, so look for a break out soon.
Price is still moving along the retest of the sliding median line parallel as resistance. If price doesn't break higher soon, we may see price fall back under the blue median line again.
Price has risen and is still testing resistance along the sliding parallel. Look to see if price can break through or if we will come back down to the blue median line.
Price has continued higher after hitting the sliding parallel multiple times. We are now testing the warning line 1 which has acted as support before, so see if we can continue higher again.
Price is trying again to break 2550 hard and continue upwards. We have had multiple touches here on a sliding parallel, so if we hold as support price should continue to break through and break higher. Look to a sliding parallel of the recent high to act as resistance.
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 started to be in a range here between 2550 and 2541, look to see if price will break to the upside or downside out of this range
Price has stayed here after hitting the back of the sliding median line parallel. Look to see if price will drift back down and come down to the lower median line.
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 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.