Day traders' Anzac long weekend lounge April 22 - 25, page-57

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    No. Flag is too far gone to stage a breakout - which normally occurs about 2/3rds along the flag from pole-end to Apex.

    If you changed your trend-lines to that of a DEscending triangle - with the horizontal axis drawn along the same bases of the 12? red candles this would then extend the apex of the triangle to form a pattern from which it could surprisingly break thru upward on Tuesday to test the prev. high @ 35.5, but I wouldn't bank on it given a probable overall market downturn on open that day due 2.77% drop in the US S&P 500 last night.
    ( I don't give much credence to a similar Dow fall, given that the DJI only comprises 30? stocks in the heavyweight division).
 
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