rejection off of the most important trendline

First long target hit, now having a pull back. Next long target is the daily channel top near 25.3k, then the "go line" on this 4h chart, just above near 28k.

Worth noting that the 200-week moving average has held as strong support the past few weeks.

Those who were long on a short-term basis should take some partial profit here in case this resistance proves to be strong.

Not financial advice

Kommentar:

I meant the "go line" at 27.6k or so, and then the horizontal resistance just above 28k