As expected, the pink rising wedge has given way and we are testing the support of the turquoise channel (slight wedge shape).
Watch the level 332.50 this morning. if it doesn’t hold, I’ll be looking for the next serious support at 320, then 300 (based on previous prominent support levels)
Disclaimer
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.