(1) 200 ema
(2) 41,950 the January ath acting as heavy resistance / rotation point
(3) rising wedge resistance
Ultimately, I remain bullish for the short term looks like bears would be comfortable to reload here.
A breakout out of these 3 converging resistances would spell out extremely powerful bullish strength and 220k would be all but confirmed for later this year.
(2) 41,950 the January ath acting as heavy resistance / rotation point
(3) rising wedge resistance
Ultimately, I remain bullish for the short term looks like bears would be comfortable to reload here.
A breakout out of these 3 converging resistances would spell out extremely powerful bullish strength and 220k would be all but confirmed for later this year.