We are still in the range $8950-9550. The range can expand both ways. The target for breakdown is $8250-8350, the target for the breakout is $9900+. Because the long-term and mid-term bias is bullish and short-term is neutral, I give more preference to the longs with the targets for the breakout. The sellers still protect resistance at $9500, so those that are without any longs yet can trade a breakout at $9600 and stop-loss at $9400, target $9900+. Shorts are not yet recommended at resistance.
$8800-9150-main support zone. Break below will result in the Test of NVPOC at $8250. Hold above will signal buyers are in control and result in a possible test of $10200 and higher.
$8800-9150-main support zone. Break below will result in the Test of NVPOC at $8250. Hold above will signal buyers are in control and result in a possible test of $10200 and higher.
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