Getting close to starting another upward channel

Looks like it will go twards 336 and then start to climb up and continue making new highs; following the blue channel (which is weekly)

I will look to get in if i see a bounce from 336. Otherwise if it breaks below that, it could be going even lower.

Note

Tomorrow has to be a red day; if it closes outside the purple lines, will mean that its ready to go towards top blue line

Note

So lets see what happens at close today; i wouldnt get in yet; you deffinetely have to wait for the close to be above the purple line.

Then, you have to make sure that in the morning, it opens green. Usually, if its a fakeout, they sell the next morning.

Note

I think its safe to say that its a breakout;

Target is 410 to 435

yousufj56

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.