I think this pattern playing out could be a bear flag, or ABC correction. I think the triangle and support/resistance boxes drawn are also significant. This is strictly from a TA perspective. I'm also using fib levels from a previous correction, said retracement went to the .382 level.
The fed could stop this from happening from an economic standpoint, but this is what I see, again from a strictly TA perspective.
W00f.
The fed could stop this from happening from an economic standpoint, but this is what I see, again from a strictly TA perspective.
W00f.
Comment:
Target $112 - $130. however I have no idea for timescale.