If the triangle breaks above 7155 on volume: bullsih, otherwise it can break down to 6915 first then 6600 - 6800.
Comment:
Although we broke new highs to 7200 it fizzled quickly on very low momentum/volume. Friday brought some deleveraging before the weekend but this may rise higher on more central bank news and the recent rate cut next week
Weekly chart is still higher highs + higher lows, waiting for an overbought signal on oscillators probably in the 7250-7300 range.
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Weekly chart is still higher highs + higher lows, waiting for an overbought signal on oscillators probably in the 7250-7300 range.