We are 45 minutes away to completing the next flag should we break to the the upside, a little bit longer if the bulls take over the next 4hours. A brake up could see a retest of the 12400-12500 range and higher 13000 might present some resistance should those not hold. Great times to play the long game.
I would suggest implementing a trailing stop loss if you have been long since the current rally as the uptrend seems to still have steam behind it and chances of being rejected above 12000 by massive sell off are still plausible probability. Good luck, Happy Trading.
I would suggest implementing a trailing stop loss if you have been long since the current rally as the uptrend seems to still have steam behind it and chances of being rejected above 12000 by massive sell off are still plausible probability. Good luck, Happy Trading.
