Inverse Head & Shoulders forming. This is it boys!! First major resistance at 12362 to move higher then some minor resistance along the way to our next huge resistance at 13800. If we can't break any of these, we're not going anywhere but down.
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Looks like the bulls may win this one, 1D:
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We broke the IH&S line on the 1D and MACD/RSI showing positive signs. We need more bull volume. Lets see what happens in the next couple of days.
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I think if we can break 12.4 with good volume over 50MA, we'll soon be retesting 13.8. Any thoughts?