Important level to watch - 24215, May 30th session high
Potential Downside Bias: 24215 (4 hour chart) May 30th session high The latest price strength has so far failed below resistance at 24215 (May 30th high).
While this continues,risks remain for potential tests of support at 23763 (June 2nd low), possibly even 23309 (May 23rd low).
Potential Upside Bias: 4 hourly closes above resistance at 24215 are needed to resume price strength towards 24421 (May 29th high).
Current Outlook: Downside potential in place while prices remain below 24215.
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