Looks like an inverse H&S with $2400 neckline to complete. This has been tested a couple of times so far and failed but looks once again to be pushing up towards the level this morning.
If we get a breakout and confirmation above the neckline then expect a move up to at least the prior high at $2500, whilst the extension of the neckline actually completes close to $2800.
If we get a breakout and confirmation above the neckline then expect a move up to at least the prior high at $2500, whilst the extension of the neckline actually completes close to $2800.