This is not an instrument that I trade, but I do look at it everyday just to see how the overall market is behaving.
Seems interesting to me that after the break of the "Wedge" pattern on the Daily chart price made a very nice looking bullish Bat pattern and it indeed moved to the upside, now that price is reaching the bottom of the "Wedge" it is making a potential Gartley pattern, that it was very close to be a "222" one.
Are we going to see another leg down in the overall market during this earnings season? Or, are we going to create new highs? We'll see..
Jean
Seems interesting to me that after the break of the "Wedge" pattern on the Daily chart price made a very nice looking bullish Bat pattern and it indeed moved to the upside, now that price is reaching the bottom of the "Wedge" it is making a potential Gartley pattern, that it was very close to be a "222" one.
Are we going to see another leg down in the overall market during this earnings season? Or, are we going to create new highs? We'll see..
Jean