If that Bart Simpson squeezing margin leverage whale/bot liquidation hunt pattern, or whatever else you want to call it, is coming back it will fit with my 2014 "fractal" analysis (available on my twitter). Let's watch, we also have a more classical pattern forming here with H&S...
Comment:
We might still see H&S ( Bulkowski's complex H&S top) but if we break out and close above on the daily of the $8800 area (log chart resistance trend line) it is a very good bullish sign. Patience is key, don't enter a trade if you're not sure, wait for confirmation.
Trade closed: stop reached