Very similar but steeper trading channel compared to the S&P 500 , basically the same idea. Run into the top of the channel at the 1.618 fib then a correction. Questionable yellow resistance line that looks like we just closed above it today.
Looks like that "questionable" yellow line was pretty significant as we keep trading on it. Expecting to see price slide sideways for several more days maybe a back test before heading up!