Spotted a very similar pattern on the LTC 15 minute chart. I just closed a short at $199 to take profit however, I still see some downside with a quick move back up to retest areas of resistance.
Good Evening,
After a bounce back from the recent local low, we are trending up some now. Selling pressure increased at the top of the neck line and prices are moving slowly back down. Normal process for the IHS and also a retest of the recent bull flag breakout.
