2nd shaded area within the 'Bowl' has now been exceeded, meaning the 34 Year high has been taken, and if it holds will target the 'Rim' which is the Dec/1989 High of 38957.
An ensuing pop of the 'Bowl' would constitute a Break/Out and if confirmed with increased volume will focus on the higher trend targets. Although a pull back to the Breakout line or below cannot be ruled out.
An ensuing pop of the 'Bowl' would constitute a Break/Out and if confirmed with increased volume will focus on the higher trend targets. Although a pull back to the Breakout line or below cannot be ruled out.