the last bull run seen the 128 day moving average tested multiple times,we have just seen a test and bounce of the 50 day moving average,im not expecting new highs from this 50 day moving average bounce,im now waiting for a return and break of the 50 day moving average to lead us lower for a test and strong reversal from the 128 day moving average.
accumulate or...
triangle is part of a bigger structure ,im looking for a target of 1472,stop loss could be extended to just below 1400 but i would stick with the higher stop loss for the much better risk/reward.
