https://www.youtube.com/watch?v=dwIeN-HJLa0

So, we finally managed to close above 6500 and penetrate that descending trendline that we have been fighting against for quite some time. Here is the daily chart:

![2018-08-25_03h04_24.png](https://cdn.steemitimages.com/DQmQgC8ShmqUTNr9Et6asZ7yb4DDigHJ7Y3Vntby6oDvagA/2018-08-25_03h04_24.png)

Comment: We are right now trading above 6700 and there is a good chance that we could rally up to 7250 or so where we have our next resistance level.

We also have a lot of support for this when we look at the Squeeze indicator, we have gathered a lot of energy for a major move to the upside and the same is true for the Wavetrend.

However, the only negative thing now is the volume, it is fairly low, so I would like to see it pick up either today (Saturday) or tomorrow. 

Happy trading!