Why is 8400 our supposed resistance?

I really think 8400 will be broken and travel to 8800 to 9K is our short term destination. If we do not break here 7-7500 is possible as a new low. Everyone is calling for a bull trap still, but does anyone even believe this? Do you think the lid can be put on that tight and released without any momentum? This right now is our resistance where the blue arrow is.... A push past here and we fly approx. another 1000 pips.

SIDE NOTE-----By the time poop gets bullish you will have missed 50% of the move.

Yorum:

Zoomed out a bit to see the bigger picture