We mark resistance because..
Very significant price where
#/ Dealers would sell their long contract bought at 70/71 .
#/ Now their liquidity (held positions are low)
From tis chart.. Dealers are accumulating 76-78.5
This theory will be evident WHEN..
Low liquidity will push Dealers to buy above {marked price}
From now..
I shall decide on.. LONG position
How you use this idea /story is up to you.
One wait confirmation. One can HODL.
All must have stops.
All the best