Appears we may be forming an ascending triangle with resistance at the 740 level. Watch for breakout (up or down) as we get closer to the triangle's apex.
Consider going long if a breakout occurs above the 740 resistance and shorting/stop-loss under the slope of the triangle along the hypotenuse.
This is for informational purposes only and should not be used as a basis for placing trades.
Consider going long if a breakout occurs above the 740 resistance and shorting/stop-loss under the slope of the triangle along the hypotenuse.
This is for informational purposes only and should not be used as a basis for placing trades.