Update on 2_Hourly
XAO charts and
CFDSPI Hourly ...
XAO ... No change really and currently "holding" onto Upper Intermediate Tyne of FORK.... and rising.
View attachment 1437825
CFDSPI Hourly... Still above 1 x 2 Gann support line but currently at 3 double outer ARC Price level and 1st sq. Time resistance(to be watched as this coincided with the 2ndary higher lower Time n Price in the mirrored Gann Fan Arc ... green arrow on the 24th of Jan.). If that Double Arc breaks then we should see, very quickly, the 6004 Fib level or even up to 6020 being the (pink)Flag_pole extn level shown.
View attachment 1437835
Another TA look at an
Hourly CFDSPI Chart ... Today we broke out of another Pennant Pattern that has a potential for higher prices ... as much as 6140(full green line) ... but could only reach its minimum 'target' of 6027(green dotted line).
View attachment 1437857
Summary ... All charts say higher yet B4 reasonable resistance(sorry Paddington Bear).