Rare Macro "Diamond" topping formation at risk of negation?
The Macro 'Diamond' topping pattern may be at risk of negation here.
The 'Triangle' formation formed on the Daily chart (not shown) from the Sept. 1st high to the Oct. 29th low will generate a projection up to ~ 3,910 on a close today above ~3519.
Note: Consecutive Daily closes back inside the 'Triangle', if the projection is generated today, will negate the potential projection.
The 'Triangle' formation formed on the Daily chart (not shown) from the Sept. 1st high to the Oct. 29th low will generate a projection up to ~ 3,910 on a close today above ~3519.
Note: Consecutive Daily closes back inside the 'Triangle', if the projection is generated today, will negate the potential projection.
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