A note of caution before I explain my thinking. Looking for a breakout here is pretty speculative. I won't say it's high probability. But the price action does look pretty good so I'm gonna post this. I'm keeping a long open, but I'm not betting the house on it.
Holding 9300 or just continuing up from here probably leads to a break toward 11K. So far we've held the important levels below and there's nothing really left to test above just previously tested levels. So if there's demand here we might see a break out. I'm cautiously optimistic.
Holding 9300 or just continuing up from here probably leads to a break toward 11K. So far we've held the important levels below and there's nothing really left to test above just previously tested levels. So if there's demand here we might see a break out. I'm cautiously optimistic.
Comment:
So I got stopped out it went slightly below 9300. And didn't take as much profits as I wanted to. But as long as 9300 holds I'm still looking up at those targets. I'm out of the long for now.