Friends,
Watch for fake-outs here. 989.27 was our former overhead resistance, which pushed back and held price down for sometime.
If structure-high at 980.59 cedes, then 989.7 offers a potential hurdles to bulls.
OVERALL: Structure-highs are as noted; Chart has not changed directional bias. Remains BULLISH throughout. A break below 884.75 will likely change the tune. Safe support offered at 895.32.
Cheers,
David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting
Watch for fake-outs here. 989.27 was our former overhead resistance, which pushed back and held price down for sometime.
If structure-high at 980.59 cedes, then 989.7 offers a potential hurdles to bulls.
OVERALL: Structure-highs are as noted; Chart has not changed directional bias. Remains BULLISH throughout. A break below 884.75 will likely change the tune. Safe support offered at 895.32.
Cheers,
David Alcindor | 4xQuad.com
Predictive Analysis & Forecasting