Is it time for the main trend test yet? The charts are certainly indicating so, we have this rising wedge that we have broken out of but also a early H+S formation. We will need to give a few days to see if we get a right shoulder play out to confirm this but if so Targets next week will be 1902 & 1870 ish leve.
1920 still remains a solid support for bulls so a break below would give us that confirmation of going lower. Any bounce could see us stay in the pattern or break out and higher
1920 still remains a solid support for bulls so a break below would give us that confirmation of going lower. Any bounce could see us stay in the pattern or break out and higher