I just typed a detailed explanation and all vanished, so I'm sorry for this short explanation.
1. If we break 5800 straight away, we will go straight to 6400.
2. Getting pushed back by resistance would us lead to 5300-5400 trendline to form a head and shoulders that fuels our rocket.
3. Red friday ahead?
Would allow to clear stoch RSI and hit older trendline.
Comparable to the move from 4400 to about 3600 to 4960 all time high a few weeks back.
1. If we break 5800 straight away, we will go straight to 6400.
2. Getting pushed back by resistance would us lead to 5300-5400 trendline to form a head and shoulders that fuels our rocket.
3. Red friday ahead?
Would allow to clear stoch RSI and hit older trendline.
Comparable to the move from 4400 to about 3600 to 4960 all time high a few weeks back.