We see a nice wedge-ish pattern forming and we've already seen it break past 113.68, the level of resistance from back in August. The indicators suggest its a touch overbought (intraday), but the On Balance Volume indicator suggests there is a ton of buying pressure behind it.
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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.