If we gain this level then we have a shot at a bull run to 10K. We did break above the 26 day moving average. But there is a lot of resistance to go through on the way up. We're currently still in a down trend and under the 200 day moving average. So I am still bearish and will be laddering in shorts up to 9200.
註釋
A lot of shorts closed on this move down. But we're back below the 26 day moving average. Momentum is down on the 4 hour and only slightly rising on the daily. If price reverses here it does make a higher low, but it may not have the kind of momentum needed to regained lost ground. Still bearish.
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