4 hr time frame to show a little more of what i was saying in my last idea
Finally broke out above the downward sloping resistance but having issues getting passed resistance at 11900 with another one right after at 12350 once we can clear these 2 local resistances and make a new a high i don't see any issues but maybe the .382 from last year which we have been rejected from once already. Let's see how this goes.
After breaking the resistance line (yellow diagonal) and now using it as support most likely will see retrace down to 7900-8000 or possibly blast through to 9k although the 200MA has been giving us issues a little consolidation wouldnt be to bad to make the push through this.