So far this month, we’ve yet to create a monthly bottom wick. We have a minor monthly support at 150.80 and have so far been holding above it.
Last few daily candles have been side by side. The most immediate previous daily candle tried pushing up but was rejected back down.
All these are signs that GJ is trying to reverse the larger trend, since we didn’t create a new lower low. And that we are trying to create a higher high. And that the previous daily rejection might be invalidating this.