is just OK.
- Approaching overbought short term
Soch - Indicates we may have room to run upwards longer term.
- Warns of potentially over bought medium term
The present challenge is to close a 4 hour candle over the Fibonacci line at 8203. If this fails in the short term look for a retrace to 7829. A retrace to 7829 would be healthy in the short run for this upward move to stay intact.
Provided the above comes to pass the next upward target is 8892 - 9017
Upward Resistance / Support Levels
9580 - 9766
8892 - 9017
Downward support / Resistance levels
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