Kentz..Quizz Time

My first post on here and for a long time on iii chartsview, so for fun and getting back into the swing of things here goes.

From your daily chart:

For the point of view of taking a trade:

SP: 414
Support: Horizontal @ 400 then 385, June up trendline 380
Resistance: Short term down trend line @ 425, horizontal 432, main horizontal @ 440

The price is already at some resistance: averages, horizontal and RSI trendlines

The longer term price trend line from June is at 380ish but the corrosponding trend line on the RSI has already broken and retesting. Also the short term RSI down trend line is being tested at the same point

So my amateur opinion: at 4 resistances the odds are against going long with not too great risk v reward.

so what would you do and why?



considerations:-

20/50/200 day
todays candlestick formation
trend
technicals

just for fun