Price has entered the Cloud and we see three doji like candles
right at support by the lower Cloud and the Yearly pivot point. If
price closes above the new doji and the Weekly pivot point at
11725 and Daily pivot point at 11820, I believe we will see more
upside, as we also see a bullish Cloud twist. Immediate support
is at 11350 and below that some lows at 11100 and the Daily S1 at
10850. Bulls would like to see a close above the Cloud from here
for a clean buy signal which suggests a taking out of the 13052
high from Jan 20.
right at support by the lower Cloud and the Yearly pivot point. If
price closes above the new doji and the Weekly pivot point at
11725 and Daily pivot point at 11820, I believe we will see more
upside, as we also see a bullish Cloud twist. Immediate support
is at 11350 and below that some lows at 11100 and the Daily S1 at
10850. Bulls would like to see a close above the Cloud from here
for a clean buy signal which suggests a taking out of the 13052
high from Jan 20.
