1061 level

How did I get that 1061 level, chart below. Also if we break it on a closing basis it "suggests" we get a test of the lows at 1042.

Video

Points to watch

Though the volume is low there is still a possibility of a bounce if we don't violate the 1061 area. As of now the market is dead! we are just swinging within a small range and it make ZERO sense to play hard here. On the longer time frames it remains the same and if so you play accordingly.

Next level

Important level to watch when we do break 1090 is 1067.

1067 is the next important stop

1090

1090 is the downward target on this push down. Maybe we dont get there before the close but we will hit it overnight

Resistance

So resistance worked like a charm. We hit a huge wall there.

Resistance