Price is currently in a bearish flag, setting up a a nice continuation to the upside.
We are very weary that price hasn't retested that 34200-34300 area so we will be watching price closely to give us a sign of exhaustion before goin long.
Short term outlook, expect a pullback to complete this week and then the bullish run.
Long term outlook, Price has failed to take out previous lower low of June, so we are expecting new ATH before the December break.
We are very weary that price hasn't retested that 34200-34300 area so we will be watching price closely to give us a sign of exhaustion before goin long.
Short term outlook, expect a pullback to complete this week and then the bullish run.
Long term outlook, Price has failed to take out previous lower low of June, so we are expecting new ATH before the December break.