![](https://s3.tradingview.com/x/xzjtDTwR_mid.png)
Looking at higher time frame, the weekly shows us a very strong Support Resistance level @ 1565 which was hit many times over the years.
And we crossed it yesterday. Will it sustain the momentum supported by Fundamental Analysis and instability in Iran crisis?
I would think so. I will open a long when it bounces back...