At the end of the day, the pattern on the 5-minute chart looks ready for a trending-up day on Thursday. Opening above 2320 would trigger a short-covering rally, and cause a one-directional trending-up day that can take price all the way up to 2250-2265 area, with 2230 and 2240 as resistance levels to watch for potential pullbacks.
However, opening inside the 2295 - 2320 trading range implies another non-trending choppy day with 2210 as key level for bull-bear bias.
- Supports below 2310 are 2300, then 2285.
- Resistance above 2310 are 2320, then 2330
