- Testing uptrending channel support at approx 16000 - Testing 100sma channel low at 15985 - In the 38.2%-50% retracement area of the previous up swing 16064-15925 - 15995 the monthly pivot that could act as support
Trade on tight leach below 16000, because daily 200sma channel could be the next valid support area in the 15700-15600 area, and another more significant daily dip buying area / opportunity. So far, I'll use the 15995 monthly pivot as S/R with 25/50 points stops