Hello, I have shamelessly tweaked/updated the previous side-by-side comparison to the current situation
9000 is not only the log-trend downtrend channel resistance, but also near the levels of the previous high.
It will most likely fail to break this resistance without some serious bull power.
9000 is not only the log-trend downtrend channel resistance, but also near the levels of the previous high.
It will most likely fail to break this resistance without some serious bull power.
Comment:
Also notice the exact same 0.786 bounce
Also notice the exact same 0.786 bounce
Notice how the current blue line of support matches so well with the fractal.