As you can all see the market has been rising slowly for a while now, It shows a couple flags in the analysis which are a good sign of an uptrend in the market, Also don't forget we have a triangle at the top that was also showing us that there will be an uptrend in the market. Once we saw that small up trend the market hit a support level after being at a resistance level for a while over night.
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Disclaimer
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.