Basing before higher
Note
Appears like a triangle forming and almost completingNote
This is now morphing into classic ABC with C underway to give a lower low before higher into the summerNote
Still basing as 3500 was tested and bounced yesterday. ConstructiveNote
Solid today, needs to breakout above falling trendline resistanceNote
Bouncing off the lower bound of the rising channel from Nov 2016 which should mean final upleg missing
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Related publications
Disclaimer
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.