We have a wedge forming with a possible break out upwards (in green). We also have a possible triple top forming (in white). I will be watching this closely to see if it will break up above $16,820 or bounce back below $15270.
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have been away from computer, but wanted to show how it played out. It followed white lines very nicely.
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After this last event, a new channel has formed after the local bottom was found. Looks like there will be a slight movement within the new channel before a breakout.