Inverted head and shoulders pattern currently trying to resolve to the upside. Took out anchored VWAP from the pivot high on Jul 31st and also the volume shelf at 46.25ish. Lower indicators all look good. Target gap fill up around 57 with some resistance potentially from 49-50. With the market feeling a bit poppy and PCE this friday, will keep a tight stop on daily close below 44.90.
Note
I dont yet see this all over X, which is always good.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.