Price has continued its run up higher breaking through the middle blue median line and is continuing higher to 2480. Look to see if price starts to slow down at 2480 and 2488.
Price has risen all the way up to the top of the median line at the upper median line parallel. Look to see if price will hold here at resistance to give more selling opportunities as we may possibly come down to test at least 2451 from here.
We are looking at 2450 as resistance here. If price breaks to the upside, look for 2461 and the upper median line parallel as possible resistance points. On this time frame it looks like price could pull back a little maybe to near the 2440 area to show as possible support again.
Price has risen off the sliding parallel in the action reaction set to hit the 2450 level again. Lets see if this holds as a resistance point for another time and continue to drop to the 2400 area.
Price bounced off the lower median line nicely,filled the gap, and stalled at prior resistance near 2454. It looks like there is some new strength in the market on this time frame. We should see a drop to at least 2439-2444, then show some support somewhere in there.
Price has broke down from the 2454 and also the 2449 level around the psych level of 2450. We have also touched the lower median line again which has shown great frequency in the past. Look for price to pull back a bit here before possibly filling the gap near 2439.75.
Price has gapped down to the median line, after hitting the sliding parallel and 2450 resistance confluence. Look for price to rebound momentarily here at support, before potentially dropping below the middle median line, retesting, then dropping further as a potential drop continues. If we go higher than 2450 for some reason look for 2461 and the upper median...
Price has dropped down from 2450, and is now resting on possible support near 2440. I have drawn in the channel that we are in within the fork, so look to see if price will continue down possible for another move. 2440 is possible heavy support, so if we break down below 2440 and 2416 look for a possible break and retest of the middle median line.
Price retested the 2450 area again to the and is going down. I added a hidden sliding parallel that is showing good frequency with the same frequency as the sideways channel we are in. See if we can break below the next support level and continue to the 2400 area.
Price has bounced off of resistance near 2448, and is now down to test the middle median line again. Look to see if price can hold as support here and go a bit higher. We tested near the 2432 area as predicted that we had mentioned before. I have drawn in a possible sliding parallel line here, as it may act as support.
Price is moving along the fork nicely still. We had a retest of the upper median line, and now price has bounced off of the middle median line. Look for price to drop maybe again to the 2432 level. If we make a new high, we could see a new upward fork possible.
Price has broken under 2455 area, and is now coming up to retest as resistance. I am looking to see if price will go lower still to the 2400 area.
Price has hit near prior resistance near 2440. Look to see if price can hold this sliding parallel resistance here and continue to drop.
Price has continued down, with a pause here. I still think price should continue to the 2400 area to show a test of support. Conside also the new channel, as price may touch the convergence of the lower trendline with the support line of 2400.
Price has started to show support on a triple touch of the 2420 area. Look to see if price can rise to 2433 and show resistance. If not, we may go to the next median line or 2448 before showing another resistance point.
Price is still dropping lower, but we may see a pause here for the next couple days. I am still looking for price to hit support eventually near 2400, so look for that.
Price has hit the warning line 1 and is breaking down and flowing with the angle of the fork. Look to see if price can break 2463 hard and retest as resistance. Price may fall back into the fork, and then show another move back to the middle median line.
Price is starting out today drifting lower. Look to see if price can continue down to at least the 2450 area in the next few days.