Broadening Formation. Perhaps positioning for 2015 after a full year of consolidation.
@StaniecLukasz ; I use the 4hr with the Stoch RSI. It is the most accurate. It will open lower Stan.
I personally think that there's certainly more room to run to the upside, IMHO I think we'll see some slow sideways action early next week because of the Holiday's, so then that should soften up the technicals. And then it's sugar coating to year end, so then to aid the broadening formation, New Year should bring a wave down but there seems to be a lot of support around the 116.50 area, an area that'll take 3 snow plows to get through. What do you all think???