Possible H&S (shown in red) combined with Upward Channel Shown in Orange. This is countertrend as market is expected to hold sideways to upward movement until December 17th.
However Watch for a Break below 263.83., Stop 277.13, Target 237.57.
However Watch for a Break below 263.83., Stop 277.13, Target 237.57.
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Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
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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.