Hey traders!

Prices were trending up today. The bigger uptrend overshot and prices broke the same shortly after that. You can see a strong resistance level forming around the 4034 level.

Prices then retraced within the spike blue channel and made a couple of legs to a new low. From there we see sideways price action. It got very quiet and prices are ranging between the opening price (yellow dotted line) and the 4000 level.

Hope you had a good trading day.