Price has continued to make higher highs. First possible resistance area would be 2295, then to sliding parallel
Price has broken up much higher, we saw a clear break of 2111 area and no real retest. Look for continued bullish momentum along the up sloping blue fork, which I had drawn in yesterday and price is respecting.
Price has come up and made fresh highs, with clues that we are still in the uptrend showing because we have made a new reaction line. Price is now stalling a bit at the retest of the Center line. Outlook now is bullish, as we are making new higher highs and lower lows, as well a bounce heavy off of support at 2180 which i had mentioned yesterday.
Price has broken to new highs. The previous 2 days of large bars were clues that price may break out of the 2211 resistance level. Look for price to continue higher. First area for resistance could be a 1:1 move of the first swing down, and also the sliding parallel which is showing frequency.
Price has broke strong out of down fork. Look to see what price does after it breaks 2211 area, to see if it has continued energy, or if we may enter a range.
Price has found strong support at 2180 area. Look to see what price will do after it breaks 2211 if it will reverse or break and retest 2211 as support.
Price has continued to stay near new highs of 2211. To continue upwards, price must break with force, but I am not seeing that happen at the moment.
Price has hit the minor resistance near 2203. If price holds look for continuation to 2192 and lower, but price has a 80% chance of reaching the median line.
Price has hit the upper median line, and is starting to show frequency. If price is to continue down I would like to see a break of 2180 and 2175 area.
Price has come up and started to test and drop from the upper pink median line parallel. I think that we need to see strong movement down in order to have a continued bearish view. I would really like to see a break of 2180 and 2150.
Price has started to fall after touching minor resistance near 2202 which also is near the upper median line parallel. Using a measured move with the yellow line, we can see price may drop to 2164 area if we continue lower on this first trend down. The multi colored tool you see is a Fibonacci retracement tool.
Price is starting to fall on the upper pink median line after touching it at around 2203 area which was a prior minor resistance area from 11/22. Look to see if price will hold here and then you may see a drop lower eventually to 2100 area if we can get past 2175-80 and 2150 areas. The bullish possibility would be that price would break through 2203 and retest...
Price has bounced off of the lower blue median line parallel. Look for price to hit the upper pink median line, and show if it is going to break down below 2175 and 2150 area,. I have added the minor support resistance areas on todays chart that are close to price.
Price has come down and started to make a new AR set. Look for price to continue to drift and show possible small bounce at 2181, then if it breaks to 2150 area, if price holds in the downward AR set to go lower.
Price has drifted down to 2184 and is starting to break minor support at 2198. Look to see if price can give a good retest of the pink upper median line to signal continued down momentum.
Price has come up and stalled at new highs at 2211 and has started to drift lower. I have drown in a new pitchfork possibility but price needs to break 2191 hard to keep going down.
Price has come up to retest 2211 and has fallen. Look for price to test 2191 and show if it will break. If it breaks look for 2180 and 150 as possible support.
Price has started to fall and show a bit of frequency on the pink upper median line. Look for price to test again or fall below 2191 and then retest again the upper pink median line parallel.