Failed breakout
Over the last 2 weeks there have been several attempts to break above 4200. All failed. The current ascending triangle pattern could be tested today after bad producer inflation numbers yesterday. This could be a turning point.
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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.