Either direction we have about a 1~2% move that I anticipate. This trend is bullish, but there was a pullback to 405 from 408 in the last hour of trading; which is not much but when looking left this area is roughly 2 years old we are entering (support and resistance that is.) The RSI is overbought on the hourly. Once again looking left there are 10 times we can see support and resistance tested in this area. Either way expect some chaos.
Or I may be wrong and this is a cup and handle and we rocket past 412 quickly.
Not investment advice.
Or I may be wrong and this is a cup and handle and we rocket past 412 quickly.
Not investment advice.