A lot of people are shorting at these ranges. Also we see a lot of bear around here. This is for me the reason that there is a possibility to go to the 11.6k - 11.8k.
Get a break-out of the 'Descending triangle' that everybody sees. Then a lot of people are going too long. This is for me the reason that we might see a 'fake-out and making a 'lower high' around these 11.6 - 11.8k and that we are going back to the 10k area, to fill the gaps in these range.
The whales are playing with your mind ;-)
Stay safe and wait for conformations when you are taking a swing long or short ;-) This is the time for scalpers.