4660-70 levels were held and price gapped up and had a good price rally of 3 % today...
Higher end resistances are 4906 / 4915 / 4986 .
If this is a pullback rally these are the resistances where the reversal can happen as the downtrend is still not cleared.
Assuming if an Upmove has started and the bottom has been done it will still have to be tested again , so price will reverse at these resistance levels , atleast a sideways corrective move.
Another angle which I have looked at it is the Action Reaction theory basis.
The current set of warning lines for the pitchfork drawn from the start of the downtrend has been supporting and resisting price very well.Projecting an equal range movement of two warning line channels above the bottom, the 4900 zone is a possible resistance zone.
Another observation is after a long fall, price pulls back towards 50 sma , it moves to an almost equal move of price above it and then reverses.This could be for retesting the earlier bottom.
Drawn the regular Median Line / Pitchfork and the schiff median line /Pitchfork.The junction of the upsloping schiff median line parallel and the downsloping LMLH is an energy point to which price can be attracted ...(Resistance zone.). When price moves out of a channel support it will retest the channel line.This falls near 4920-4950 zone in the chart.