We didn’t quite touch another strong longer-term trend line. This happened a few days back and we ended up blasting through it eventually after a surge upward.
I anticipate the same to happen again in this case once we reach the top trend line from this bounce.
Target will be the crossing, or 31113, on or around February 17th.
Be weary if we do break that top trend line and expect a downward reaction from it between now and that time.
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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.