The bullish trend begun in 2008 when price tested 1015. Price has since rallied to surpass the ATH back in Feb- 2000 -4938.
Price is at resistance - 6974 and if price heads up from the next major level of resistance on the monthly chart is the 161.8 extension - 7415.
Price may falter from profit taking so watch this area.
Price is at resistance - 6974 and if price heads up from the next major level of resistance on the monthly chart is the 161.8 extension - 7415.
Price may falter from profit taking so watch this area.