Quick sketch to suggest that ENG may now fall below its restraint around 3350-3370 depending on descent of the current downtrend.
Descending triangle, and the lack of push in previous points of the triangle would suggest the bulls have been exhausted for now and the bears will take over as we move into the afternoon.
Opinion not advice.
Descending triangle, and the lack of push in previous points of the triangle would suggest the bulls have been exhausted for now and the bears will take over as we move into the afternoon.
Opinion not advice.