


Experimental use of Gann method
Extremely heavy resistance zone ahead. Buyers beware...
Pullback and resumption of upward rally expected. Target can be used as a counter-trend selling point
1404 is trend support but candle pattern shows it is more likely to fail than to hold.
A pullback to 1378 is logical, however there is a possibility that the retrace ends before breaking through 1400
Encountering EXTREME resistance zone. Weekly close above 32 will make 35 AND 41 available up to 45. And if not...
Main trend is up but we can count on the yellow zone for a nice sell
8K to 10K is heavy res. zone. If we consider this a pullback to the main channel then a retrace from this zone to the green zone (6000) is in order.