practising madman here...(actually certified)
I did have a look at this last night and was quite frankly to tired and unable to make head nor tail of it.
This chart like the industry is just to volatile to observe trading patterns, So Ive taken a long term perspective of the leaps and bounds on the weekly chart to look at historic ranges..It does narrow things down a little,
closing in on the daily trendlines and Andrews Ranges gives a better view of boundaries but the most recent debacle chucks a spanner in the works...best I can see is the gap up being retraced to 70. if the current pennant top accumulation breaks north...as there is a slight ascension in the (ascending triangle) pennant it may be due to move very shortly...![]()
practising madman here...(actually certified)I did have a look...
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