Needs to close above this level. As you can see we've hit the resistance wall. Good opportunity to short the index from here, with a stop low 4600.
Gself, I have highlighted the key resistance at 81c, if it breaks then we are headed to 63-67c. The turning point is looking like the 13/03. Let's see who's right and how this pans out between now and then.
I agree that I should not use words like "MEGA CONFIDENT", had a few drinks that night, no one is perfect.
KZL Price at posting:
89.5¢ Sentiment: LT Buy Disclosure: Held