The March low recovery trend up is forming the recent lows, its up or nothing now. The 200 day average is neutral, its like a flat line now, no real indicator from direction just neutral but its lying further below near 8000 and I still think that area is possible. Its coming down to a crunch, popped upto 10k but we arent moving past this area just playing around it so pop up can lead to move down and surprise some people.
If it dont hold these lows its not a small sell, it should be a larger move probably. So just under 9000 theres the yearly average and thats been a good ledge for the price but while its gone sideways we hit this trend hence I form my conclusion the decision is forced up or down. If it keeps going sideways somehow its going to irritate me :p because it should actually be doing something new round about now.