After the weekly closed yesterday, we saw the tenkan move further down to a confluent and important level on the chart at 7.3k.
This further adds to the argument that a break above 7.3k would be an increasingly bullish signal as it would make a higher high on the higher time frames to go along with the higher low we have now posted around 6.1k.
This further adds to the argument that a break above 7.3k would be an increasingly bullish signal as it would make a higher high on the higher time frames to go along with the higher low we have now posted around 6.1k.