wildnomad0

wildnomad0 Updated 

We have to stay above the yellow line. If we do, upside not confirmed until we break ~7400 level with good strength. If yellow line breaks, next key support areas are 6k and 4.8k from initial boom up

wildnomad0

If the blue line breaks, things might get rough. If it holds, expect short term upside movement to the 8k area for test of upward movement. There was a lot of volume around that area with this being the 4th time significant trading has occurred between 7.9k-8.2k. It's a key price level that will slow or halt any uptrend unless significant volume comes in.