Possible that we get rejected at this cloud resistance, if so then I expect sideways movement across the bottom of the cloud before further downside. Topping out on RSI also.
If we can break into the cloud, we will most likely get rejected by the 50% Fib line which coincides with top of cloud resistance.
If we can break into the cloud, we will most likely get rejected by the 50% Fib line which coincides with top of cloud resistance.