A fairly significant rising channel has broken down and a consolidation pattern at the recent range established around 300 appears to have also set up a reversal. The size of this consolidation pattern alone points to the 250's and... there is a potential for rising trend line support there too. All that adds up to is... the upwards trend is not necessarily over.
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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.