Since May 19th we have been following this upward trend on the RSI. Every time we touched this trend line we had a bounce leading to a higher high. And every time but once it led to a higher low as well. I expect us to create a floor at these levels (59-61k) and continue our up trend toward 100k. Im expecting resistance around the 80-85K level(first thin blue line of resistance) for the end of the month or early December. This is marked with the first thin navy blue resistance that has been holding us down since it broke support in June.
