Bulls need to break to higher highs, but if we pull back this morning we will be looking for a 4 hour equilibrium pattern.
Nice job staying in the uptrend as daily resistances are in play now.
Loss of the 4 hour higher lows and we will be heading back down to the recent lows on the daily.
Exit point is loss of the 4 hour higher lows.
Break to higher highs and we look to $9,000 resistance.
This is the longest we have seen the bulls hold an uptrend on the 4 hour chart in weeks.