Daily price is located below 200 SMA in the bearish area of the chart. The price was bounced from 55 SMA to below for the daily bearish trend to be continuing with support level at 3618 as the nearest target to re-enter. Alternatively, the price will be on secondary ranging within the primary bearish market condition waiting for direction. Trading Summary: daily bearish trend to be resumed.

Weekly price is located above Ichimoku cloud in the bullish area of the chart. The price is trying to test the resistance level at 65.57 to above for the primary weekly bullish trend to be continuing. But Stochastic oscillator is indicating the overbought market condition for the price by now, and the nearest support level at 62.38 is the easy to be broken now for example. If the price breaks 65.57 resistance to above so the strong bullish trend will be continuing. If the price crosses 57.97 support to below so the secondary correction within the primary bullish trend will be started with 49.27 level as the weekly bearish reversal target. Alternatively, the price will be on secondary ranging within 57.97/65.57 s/r levels waiting for direction. Trading Summary: ranging within support/resistance channel waiting for direction of the strong trend to be started.