Long
Dreaming of 2.87 today...
She has been extended over the past month consolidating... I don't like the last two bear flag in the pennant but I attribute those to SPDR shaking out weak hands as they are the market mover that has been forming the flag... I am hoping through due to the upward trend in the Fib, MFI, Stoch RSI, SMA and the MACD kiss/reversal... plus the volume from yesterday gives it the kick it needs to get over the hump.
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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.