Mid-term, it is in the new red up channel (dashed line).
Within that, it is in the blue down channel (we met the lower side of it on Friday).
Locally, it is in the green up channel (associated with the bounce from 5853 gap).
Support both due to 61% Fib level backtest (5704-6240) and also the lower bound of that green channel. In the meantime, IG opening gap (not SPI) above.
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