I see it's an uptrend chart with a couple bull flags. It looks to me that it is ready to develop another bull flag. Now is top of the flag.
Your opinions??? Thx.
Bull flag on daily
Inverse H&S on short-term (15 mins)
At the top of resistance on weekly chart of a large bearish wedge
152.5-153 if good resistance
150.4 is good support
Most other asset classes are bearish
I see potential H&S on 60mins
The bull flag on daily in not clear yet. The flag can go lower.
The weekly chart I see the potential to develop anther flag is high.
At this point, trading range is huge so for people to buy and hold, jumping in is higher risk here. For day traders ..heaven.