Bullish Scenario
A sustained move over $1925.40 will indicate the presence of buyers. This could lead to a test of the Fibonacci level at $1951.00.
Overtaking $1951.00 will indicate the buying is getting stronger. This could trigger a further rally into another minor pivot at $1993.50. Trader reaction to this level could determine the near-term direction of this market.
A sustained move over $1925.40 will indicate the presence of buyers. This could lead to a test of the Fibonacci level at $1951.00.
Overtaking $1951.00 will indicate the buying is getting stronger. This could trigger a further rally into another minor pivot at $1993.50. Trader reaction to this level could determine the near-term direction of this market.