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Flags and pennants generally form over 1-6 trading weeks from...

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    Flags and pennants generally form over 1-6 trading weeks from memory. Could be an extended flag, I think the longest is around 10-12 weeks. Elsewise, you've got a falling wedge pattern, they generally form over 3-6 months and exit in the upside. Wedges are nice to trade, they play out like boxes, generally 5 touches within the support and resistance lines before a move to either side of which they are pointing.

    POG getting through 1740 should help. Next resistance is around 1765.
 
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