[6:52 AM] - As anticipated last week, 2080 was a logical spot to bounce, which is what occurred. However, I was eyeing a larger potential H/S so lets see if that is what is playing out.
So far price is still respecting the descending channel (yellow). The larger H/S target is approx 2040. The neckline is at 2080ish. We'll see.
|6:52 AM - 60 Min|