Want to trade this? Let the market do the talking

Forget the tech levels unless they are long term and strong. Let the price be the guide

We often preach about watching the price action and in markets like this it is the best guide

I'll use the Dow as an example

Dow 5m chart

Ultimately the 15370/15400 lows are the deciding point. Break there and the market carries on. Hold another test and we go up.

In this case the market has now found support just above 15600. That becomes the first big line of defence ahead of 15400

Where do we go now? That's up to the market and so we now watch for signs that resistance is coming in. That looks to be at 16000 right now

If you want to trade then let the price speak and let it build the picture for you. Anything else is guess work