During the bubble we had a support for the dips on the top of the 4h cloud.
Then we had a crash on the top of the 12h cloud.
The china news took us on the top of the 24h cloud.
My guess is that the next cloud that will support will be the 40h cloud (white area).
The support is still pretty strong on the 600-750 level.
40h cloud because :
1-> 0h + 4h = 4h
2-> 4h + 8h = 12h
3-> 12h + 12h = 24h
4-> 24h + 16h = 40h
Then we had a crash on the top of the 12h cloud.
The china news took us on the top of the 24h cloud.
My guess is that the next cloud that will support will be the 40h cloud (white area).
The support is still pretty strong on the 600-750 level.
40h cloud because :
1-> 0h + 4h = 4h
2-> 4h + 8h = 12h
3-> 12h + 12h = 24h
4-> 24h + 16h = 40h