Hola Folks !
Just playing around with the 30 mins graph since our range has just got tighter on the daily and by the looks of it we are setting up for a big party on Friday Open .(doubt we drag it till Monday expect some profit taking and buy the dip mode from there on )
with the golden cross forming and 10569 next stop.
The 200 day on the Weekly chart is sitting bang on confluence of 10330 resistance which is as i mentioned earlier very important to blast through with convincing volumes!I am still Bullish that this rally will continue and not get knocked back from 10500-1700 zone.
This is think is Euphoria mode starting so setting up for that 20-25% drop .
However :) Given the state of the world i'm going be slightly cautious since the market has been good to us for a while now and the World ain't looking too rosy at present so tight stops till we cross the 200 day .
Still waiting for that blow off top ....