I'm watching this closely, because a close beneath the trend could signal much further loss of price. There's is no substantial buy volume at levels heading towards low 8k and beyond that it gets worse. If it can close and recover above the trend it'll show a continuation of the existing 3 time confirmed trend line holding, a good place for a long scalp back...
Things have played out quite nicely through the last 7 days. The 1k increase from around 9700 has retraced slowly during the week and drip drip dripped down over the weekend. Given that this was my first ever published graph I'm chuffed with how things have panned out so far. I was short from 10600 and will now look to be long from anywhere around the support line...