After consolidating for almost 1.5 months, the price (index) broke out and hit two important resistance levels (horizontal and curve). The price still has some support level, so there is a possibility of a squeeze or dumping. The price might try to test the above horizontal resistance (very less possibility), but it is very sure that the price/index is preparing for a big movement (triangle pattern breakout) within a few months.
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price reached the month high 1 level and also the 3M price line, light blue line showing weekly price lines/zones, white month and dark blue 3M
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Purple 6M
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possible day ranges , green zones
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opened above the curve , touched both day ranges
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EOD
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May 20
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price almost followed the monthly levels ( white lines/zones)
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