Watch for breakouts

Updated
Descending channel for now until support trend (blue line). If this trend line breaks, then descending channel will continue to landing zone where trades should be reviewed.

If we break upper descending trend line (black line), we should look for a rebond around the 12K mark.
Comment
broke upper trend line. look for upside now. 10K should trigger more euphoria.
Comment
Good impulse from that upper line break. Not as big as I thought it would be... Let's see how this is going to turn out now.
Trade closed: target reached
trades need to be reviewed now. to watch closely for confirmation levels.
Trend Analysis

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