I posted this chart as an update to the original but I feel it needs to be posted on it's own merits as it is showing very good symmetry. The market has now broken multiple median lines and has cracked the upper parallel of the downward purple fork on it's way to challenging the existing all time high on the 19th Sep @ 17350. It is eerily following the white dotted arrow to my topping area of approx. 17650. I will be watching closely for an exhaustion move/candle formation if it reaches this area as I am sure many bearish traders will have their Stops sitting around there too!
Sincerely,
TIK
Sincerely,
TIK
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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.