Strong resistance lies at 6055 and this should prompt a negative reaction. The top of the channel also fits well for a failed double top scenario.
For now with the price action above 6000 we may see continued strength towards 6055-6090 before the decline starts.
A move above 6120 invalides this analysis and the impending decline to 5720.
If the longer term trend was down I would be jumping into this move however as the trend is up we will have to be patient and wait for price action to offer a complimentary signal.
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