Now we have a strong support level acting as a pivot point for previous (linked) trend idea.
i have marked all the times it has been respected, even in the last climb this level was very informative for trend...
so using the 52000 level as a pivot we can see a break below this level will validate for me a 30k region re-test... if a strong bounce occurs of this level i would still hold caution until this range 30k - 63/69k is broken...
the chart is screaming for downside im surprised people are buying right now...
i have marked all the times it has been respected, even in the last climb this level was very informative for trend...
so using the 52000 level as a pivot we can see a break below this level will validate for me a 30k region re-test... if a strong bounce occurs of this level i would still hold caution until this range 30k - 63/69k is broken...
the chart is screaming for downside im surprised people are buying right now...
