We broke the top, so I can eliminate the regular or contracting flat idea. We are now either making an expanding or running flat. There's lots of divergence which suggests buyer weakness. The buyers have been fighting for a while, and pressing the price up, but it looks like price and sellers are getting ready for that down-move now.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.