IOLCP has again, for the 3rd time, touched the resistance of 536 with force and ricocheted with equal strength.
From a Daily chart PoV, yesterday, we saw a red gravestone doji forming at the top which tentatively gives a direction of a bearish trend.
From a Weekly or Monthly chart PoV, we need the closing to cross 536, else we need to thwart our hyperbolic celebrations.
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