It is confusing to me to see there are still traders out here that want to short this thing based on a sub 6000 target.
May be there is something that I do not see...but I would be very hesitant for a short here (except for doing on 15 minute and hourly charts) ...just look at the daily chart and the weekly chart guys.
6400 area is an extremely strong support now. We will see if this is broken. As I said before this may wind down a bit. 6500-6400 at MAX. Longs for coming weeks.
May be there is something that I do not see...but I would be very hesitant for a short here (except for doing on 15 minute and hourly charts) ...just look at the daily chart and the weekly chart guys.
6400 area is an extremely strong support now. We will see if this is broken. As I said before this may wind down a bit. 6500-6400 at MAX. Longs for coming weeks.
Its all in the mind.