Last Friday around 1 PM, a Failed Breakdown near 5860 was triggered after multiple tests of support. Once reclaimed, it set up a strong long, and holding over the weekend paid off—now +130 points from that entry.
As of now:
• At resistance, so nothing to do but hold and wait
• 5977, 5938-40 = key supports
• If momentum continues, next upside targets are 6004, 6015-20, and 6042
As of now:
• At resistance, so nothing to do but hold and wait
• 5977, 5938-40 = key supports
• If momentum continues, next upside targets are 6004, 6015-20, and 6042
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