Right now we are in a newly formed penant. I like to judge the breakout based on the mid point horizontal through the apex of a penant, thus if it falls below it, it break above once it meets that horizontal. Rightnow that is around 11,406, so if it lift another $50 we are into break out territory. Either a 60+ or 80+ angle, depending on which trend it wants to re-start.
This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action, including without limitation as those terms are used in any applicable law or regulation
This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action, including without limitation as those terms are used in any applicable law or regulation