Third time on lower time frames we coming up to this 46.7k mark. Clear resistance, Do we break it?
If we break below a couple of the lower trend lines I have drawn... things could get nasty. If we break 46.7k, I think we could get to 48k to 50k. A lot of the market is long here judging by open interest, which means if there's some sell off, things can capitulate.