Despite bearish daily close below 6780 (July 27 high) on Thursday, the rebound seen today if results in a day end close above a minor falling trend line level would suggests the doors are open for a move higher to 7000 levels.
Bullish invalidation is now seen only below Thursday’s low of 6723, given the sharp rebound witnessed today.
Bullish invalidation is now seen only below Thursday’s low of 6723, given the sharp rebound witnessed today.
