Bulls now set their sights on daily EMA 12 and 26 resistances as well as $10,000 psychological. There was not a significant amount of bull volume on the continuation break this morning, leaving bulls a big cautious. Bulls need to continue to hold hourly EMA supports to remain in control today. Red flag will be losing the higher low on the 4 hour at $9,355. After 4 days of dump o'clock, the bulls broke out during the same time yesterday. 11:30 AM - 12:30 PM Eastern is the time to pay close attention. Bulls will need increasing volume if they want any chance of breaking 10k resistance today.
What do you think about the over all market right now? Bullish or bearish, because there is a lot of predictions that we are gonna fall back down after hitting 10k.
alihassanzada
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LOL, I was so on point with that one. And I sold my position at 9880 and it was the peak :))