UPDATE: France fakeout - makes the analysis less attractive4th of July - we had FIREWORKS.
With a beautiful breakout above the neckline. But it was short lived.
And lead to a short fuse.
Because since then it went right back into the range, close to the stop loss and now it's moving sideways into a CHOP.
So, the analysis applies still but looks shakey.
W Formation
Price>20 and 200MA
Target 8,673
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