Thanks Mel, Yes look to be at struggling at that big band of LT...

Thanks Mel,

Yes look to be at struggling at that big band of LT horizontal resistance. I was wondering if that inverse H&S might give it legs up to the 42.5 area. It's a fairly clean projection right into the top of the channel. If it does get there, we'll have a low risk, very high reward short setup. Alternatively, a break below 35 probably means new post GFC lows.



cheers