With the breakdown of the pennant pattern today in the chart above, traders should, at the very least, be wary of further downside over the short-term. Longer-term, the probability of a major top being formed is rising.
With the breakdown of the pennant pattern today in the chart above, traders should, at the very least, be wary of further downside over the short-term. Longer-term, the probability of a major top being formed is rising.