Summary
A second consecutive monthly gain, having printed a new hist' high of 7599. Monthly momentum is increasingly positive. A monthly settlement above the key 10MA (6881), as the broader trend is unquestionably bullish.
The upper bollinger stands at 7505, and should adjust to around 7650 as of June 1st. RSI 75s is overbought, but that could remain the case into late summer. 8K looks realistic in August.
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