Bullish Bounce

Key Levels:
Resistance: 808'4
Pivot: 801'2
Support: 795'2

Preferred Case:
With price moving above our Ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 808'4 in line with the horizontal swing high resistance from our pivot of 801'2 in line with the 50% Fibonacci retracement and horizontal swing low support.

Alternative Scenario:
Alternatively, price may break pivot structure and head for 1st support at 795'2 in line with the horizontal swing low support.

No Major News