If the pattern continues, we make a slight move upward, and then go down to 7500. (and then...? Do we exit the triangle?)
Indicator divergence would support this as it is a small short-term , with a much longer divergence behind it.
Marked in red lines, the tops of the double-peaks have incrementally moved from a lower high (December) to a higher high (recent).
What does this mean?? I want to say its a sign, but just that - i WANT it to be a sign. More likely, the initial bounce is wearing off in the repetitions, and becoming the less-prevalent motivating force. Can we use that to anticipate the strength of the next peaks? (if we are still in the consolidation by that time)
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