- Target for W breakout is 35200, right at the larger symmetrical triangle resistance.
- Target for smaller symmetrical triangle breakout is 36200, which would break up out of the symmetrical triangle and be very bullish.
- I am expecting resistance at the downward trend line and further consolidation, mostly because the weekly RSI is still high at 75.
- Target for smaller symmetrical triangle breakout is 36200, which would break up out of the symmetrical triangle and be very bullish.
- I am expecting resistance at the downward trend line and further consolidation, mostly because the weekly RSI is still high at 75.