Most important Resistance test

7 ביוני 2018

Today's 7,756.3 session high on a strong Three Outside Up 4H bullish candle (highest volume in a week) restores some Channel Up bias on 4H (RSI = 57.450, Highs/Lows = 85.2339, B/BP = 163.1428). However we can only expect a continuation if the June 3th = 7,777.4 High is broken. The most important test are the two Resistance points: 7,828.80 and 7,923.60 (0.50 Fibonacci fan). The former is also the technical Lower High to the 1D Channel Down (MACD = -234.000). TP is still 7,100.